How are free markets negative? 12/17/19 What is the worst/ most - - PowerPoint PPT Presentation

how are free markets negative
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How are free markets negative? 12/17/19 What is the worst/ most - - PowerPoint PPT Presentation

How are free markets negative? 12/17/19 What is the worst/ most evil company or business you can think of? Why? Announcements: What did Chiquita Do? What did the American government do to Chiquita? Why? Review: What are the definition and


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How are free markets negative?

12/17/19

What is the worst/ most evil company or business you can think of? Why?

Announcements:

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What did Chiquita Do?

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What did the American government do to Chiquita? Why?

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Review:

What are the definition and purpose of:

Free Market Fixed Market

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What is the role of the government in the economy?

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Fixed Market: Government increases its involvement in the economy. Free Market: Government reduces its involvement in the economy

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Purpose of Fixed Markets

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To Increase Safety & Equality Purpose of Free Markets To Increase Wealth, Business &Trade

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Free Market In Singapore

How did free markets affect Singapore?

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Activity I:

Goal: To determine how free market economics can harm people. Task: (Individually)

  • 1. Read the various actions made by companies due

to free market economics. Write down the name of the company and what they did.

  • 2. When you finish, ranks the actions from most evil

to least evil [1 being the most evil]

  • 3. After, use computers to find your own

examples of evil actions by companies Time: [40 minutes]

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Closing Questions:

What is the problem with completely free markets? How do we solve these problems?