How are free markets negative? 12/17/19 What is the worst/ most - PowerPoint PPT Presentation

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How are free markets negative? 12/17/19 What is the worst/ most evil company or business you can think of? Why? Announcements: What did Chiquita Do? What did the American government do to Chiquita? Why? Review: What are the definition and

How are free markets negative? 12/17/19 What is the worst/ most evil company or business you can think of? Why? Announcements:
What did Chiquita Do?
What did the American government do to Chiquita? Why?
Review: What are the definition and purpose of: Free Market Fixed Market
What is the role of the government in the economy? Fixed Market: Government increases its involvement in the economy. Free Market: Government reduces its involvement in the economy *
Purpose of Fixed Markets To Increase Safety & Equality Purpose of Free Markets To Increase Wealth, Business &Trade *
Free Market In Singapore How did free markets affect Singapore?
Activity I: Goal: To determine how free market economics can harm people. Task: (Individually) 1. Read the various actions made by companies due to free market economics. Write down the name of the company and what they did. 2. When you finish, ranks the actions from most evil to least evil [1 being the most evil] 3. After, use computers to find your own examples of evil actions by companies Time: [40 minutes]
Closing Questions: What is the problem with completely free markets? How do we solve these problems?

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