Monday, February 25, 2013

Chapter 2 Section 3

Read page 54 In text... Tony Hawk article and in the comment area below answer the 2 questions

Tuesday, February 12, 2013

Chapter 2

Please Read Chapter 2 Section 1 and answer questions 3,4,6 in comment below. Make sure your answers differ from others!

Monday, February 4, 2013

Andrew Carnegie

Base All answers on the Video-The Men who Build America:


1. Carnegie was one of the richest and most successful entrepreneurs of his time, describe the success and failures faced by Andrew Carnegie.

2.What were some dilemmas Carnegie encountered in his road to success?

3. What made Andrew Carnegie an "Entrepreneur"?

4. Who were some other entrepreneurs who contributed to America in the late 1800's?

5.  According to the textbook, Adam Smith came up with the Paradox of Value- How would Andrew Carnegie's steel have a direct correlation to this Paradox?

Sunday, February 3, 2013

DUE BY TUESDAY

Finish reading Chapter 1.....

Then answer the following questions below (in your OWN words...do not copy others answers)(answer in the comment area below!)


1. Describe the paradox of value
2. Explain how the circular flow of economic activity generates wealth in an economy
3. Identify two ways to increase productivity