Wednesday, December 6, 2017

E2 INDIVIDUALS AND BUSINESSES IN FREE MARKETS: Free enterprise is a pillar of the United States economy and is based on the principle that individuals and businesses are free to make their own economic choices as they participate
in these markets. Individuals buy the goods and services that they desire from businesses in the product markets, and they contribute to producing these goods and services by supplying the resources that they own to businesses in the markets. This activity is the basis of our private economy, and our governmental spending programs.



Career Moment: How NOT to Interview


Consider:  How economic struggles get portrayed in music:


Lyrics: Across 110th Street

What is 110th Street? What does it signify?

What is a ghetto? Why does the author suggest that upper class folks need ghettos to exist?

What is the message about survival?




Lyrics: Welcome to the Jungle

What is 'The Jungle'?

What is meant by the line "If you got the money honey, we've got your disease"?


What does the author contend that 'The Jungle' will bring a person to their knees?


What is meant by the line "You can taste the bright lights but you won't get there for free"?


Define this verse from an economic sense:

Welcome to the jungle, it gets worse here everyday
You learn to live like an animal in the jungle where we play
If you got a hunger for what you see, you'll take it eventually
You can have anything you want, but you better not take it from me



What commonalities do you interpret as existing between the two songs?

Does each song have the same message? Why or why not?