All work must be completed in google classroom and submitted to Mrs. McCoy.
1. Case Study Online Action – Chapter 3
Handling Unification
Using the information in this chapter along with encyclopedias and online resources, research the history of German reunification.
Activity
Compile a list of reasons it led to such a negative economic situation, and what could have been done differently.
2. Figures Online Action – Chapter 3
Figure 3.1
Pie Chart
Consider your typical weekday. List everything you routinely do. Add activities that are not part of the routine and group them in a category called "other."
Activity
Using the same method that is used to compile the Gross Domestic Product, represent your day with a pie chart. The GDP represents the output of the country; your output, for instance, might include two hours of homework, one hour of goofing off, one hour of musical instrument practice, and so on. Total up everything you do in one day (the hours should add up to 24) and calculate the percentages. Think of it as your Gross Personal Product.
Figure 3.2
Protecting a Company in a Downturn
Imagine you own a business. You have been keeping an eye on the economy, and from all of your data and research, it appears that economic activity is beginning to taper off. If a recession is on its way, what are some things you might do to safeguard your company?
Activity
Prepare a written presentation (Paragraph form – 5 to 8 sentences) that lists and explains your strategies.
3. Global Market Online Action
Steering the Economy
The Chinese economy has enjoyed dramatic growth for some time, prompting fears of the inevitable slowdown. If that slowdown is too sudden, it can have disastrous economic effects, not just on China but also on nations that sell goods to China.
Activity - Answer in complete sentences.
Using the four-step business cycle as a model, what are some ways the Chinese government can slow things down so that a recession, if and when it arrives, is as painless and non-destructive as possible?
4. Review of chapter 3 Click on the links below for review.
http://www.glencoe.com/qe/efcwin.php?qi=9386
http://glencoe.mheducation.com/sites/0078769043/student_view0/unit2/chapter3/interactive_games.html
http://glencoe.mheducation.com/sites/0078769043/student_view0/unit2/chapter3/self-checks.html