Concept
How can practical examples demonstrate the value of economics?
IntroductionToBusiness OP 8D04gAa / Preparing for Tomorrow's Workplace Skills
"3. If a friend claimed, “Economics is all theory and not very practical,” how might you counter this claim? Share your rationale with the class. (Interpersonal, Information) 4. Team Activity Create two teams of four people each. Have one side choose a communist economy and the other capitalism. Debate the proposition that “capitalism/a command economy is good for developing nations.” (Interpersonal, Information) 5. What are the latest actions the federal government has taken to manage the economy? Has it used 54 Chapter 1 Understanding Economic Systems and Business This OpenStax book is available for free at http://cnx.org/content/col25734/1.7"
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