Game Standards

Students formulate solutions to economic problems.
- the city is getting bigger And more and more people are moving in to houses and buildings there. More materials and variety is being demanded by the citizens. The people the people moving in need jobs, as well as housing, so if we hire people it fills the job aspect. The companies can help build roads and help the city expand as well as more housing for people to live.

Students explain how different economic systems are organized for production, distribution, and consumptions of goods and services
-the shoe factory is an example of this because it produces something people need, which means they have more incentive to buy them. Not only are people going to buy them because they want to but because they need them.

Students demonstrate an understanding of economic principles that influence individual financial planning.
- knowing the type of government influences financial planning greatly. The better the economy is doing, the more financial prepared and if the economy is down, it's the exact opposite.

Students evaluate the impact of technology and how it has shaped history and influenced the modern world.
- technology such as heavy equipment has really shaped and influenced the modern world because it has helped a lot in expanding what we can do, bulldozers help us build better roads and drains help us build better buildings and bridges making our cities and towns safer and better.

Students analyze current events to better understand the world in which they live.
- the buildings are always in need of upgrading, and there are now more people in the city. This increases the prices and the help needed to run the businesses.it helps me manage my money and use it wisely. There are always more buildings needed to be built in town and that raises the cost of prices.

Students explain how past events impact present and the future.
- past events such as businesses failing or a bank collapsing affect the present and the future because it gives examples of things that we should work to do, and it also affects the present and the future because people today are having to pay for the mistakes those made in the past.

Students interperate charts, maps, and graphs to answer questions dealing with people, places, events, or environments.
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60 minutes video

1. what is your opinion of the topic of the video? explain why!
-my opionion on this topic is that its not fair to anyone else in this world to have to deal with people cheating their way through economic game. The government shouldnt arrest others for getting insider information if their turning around and doing it themselves. its just not fair.

2.what can you do about your opinion? how can you make your opinion count?
- right now as I know, there really isn't anything I can do that's very dramatic about my opinion but I can go and just express my opinion to others to try to get my point out in the open and maybe someday it will become something important to where we can vote and at least get my opinion to the important people.

3.what is insider trading? what was the information that caused Martha Stewart to go to prison?
-Insider trading is when the people inside cheat to get information about the stocks.Martha Stewart got inside information about one of her stocks that was gonna go down so she sold it and got money for it.

4. what is black friday? when did it get its name? what is cyber monday?
- Black Friday is the day after thanksgiving where stores have crazy sales to get in more shoppers and kind of clean out the seasons clothes to get in the new stuff. It got its name from the police in philidelphia who year after year had to face a massive crowd of fans that came to the army-navy football game. Cyber Monday is the Monday after black Friday where there are sales more online then in the stores themselves.

Candy Stocks

In Free Enterprise, When I first walked into the dark, loud, room I was very excited about all the candy that was on the floor and on the tables when we were told to chose a spot to go to and stay there I took my group ,who was Jon, Jared, a 5th grader, and i, to a corner then mr. Kapptie told us to start grabbing candy and grab as much as you can! I went crazy, my team went crazy and just started grabbing candy and we put it on a table. Then we had to separate all the different pieces of candy we had. We were going to trade them with other groups to gain more money and get rid of the candy that had the lesser value. So we were walking around everywhere trading candy it was so tempting to eat!! The 5th grader little girl was so outgoing and trading candy like crazy!!! She was so into the game as we were! It was awesome!!! Throughout the time being our teacher kept going to two white boards where all the candy names were written and the candy was eithe going up or down in price. Then towards the end he told us to finish our trading because the stock market was closing up. So we finished our trading then started counting up our pieces of candy and how much they were worth each. After we added them all up we had about 5,000 dollars or so. I stayed behind to help reset the game for the next class and it was just a fun, hectic, hot, dark time!(:

Journal # 7