Stocks

Rank: top 21%
Total Portfolio Value: $1,053,310.00

Wealth and trade

We went through 5 different rounds of trading. For all of them we had to trade the items we had with another person to see what we would get in the end. Round one everyone wasnt thrilled with there first choice of gift. From the chart it seemed everyone was pleased with the gift they got in the end.

So you want that PS3? Good luck

http://money.cnn.com/2006/12/04/technology/ps3_tips/index.htm?postversion=2006120513

This article talks about how hard it is to buy a ps3 for your kids due to the shortage that ahs been transported to america. Residents that already have a ps3 say that people that want them have a good chance of finding one if they call the store and see when the next shipment will come in.

Illegal downloads grow despite lawsuits

http://money.cnn.com/2007/02/08/technology/personaltech/piracy_lawsuit.reut/index.htm?postversion=2007020812

This article basicaly talks about companies suing people for illegal downloads of videos, music and and illegal pictures on the internet. Over the years the music industry has been suing people for illegal downloads of there music because of this they say that less people are using file sharing programs that able them to exchange music with another person to be slowing down. Now companies are trying to figure out a way to prevent people from downloading music, videos and pictures on the internet.

MySpace to send out AMBER alerts

http://money.cnn.com/2007/01/23/technology/personaltech/bc.myspace.safety.reut/index.htm?postversion=2007012307

This article basicaly talks about sending online alerts to some myspace users to help find missing children in the united states. To do this myspace teamed up with National Center for Missing & Exploited Children so they can send out alerts to some users on children that have been missing.

Nintendo's Wii can help you shed pounds

http://money.cnn.com/2007/01/19/news/funny/wii.reut/index.htm?postversion=2007011918

This Article basicaly talks about a Philadelphia resident named Mickey DeLorenzo that says he lost 9 pounds after 6 weeks and 21 hours of game play on the Nintendo Wii. Because of this he started his own program and website called wiiworkouts.

Capitalism replaces Mercantilism

Capitalism replaces Mercantilism

1. Capitalism - an economic system in which investment in and ownership of the means of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations, esp. as contrasted to cooperatively or state-owned means of wealth.
Mercantilism - The theory and system of political economy prevailing in Europe after the decline of feudalism, based on national policies of accumulating bullion, establishing colonies and a merchant marine, and developing industry and mining to attain a favorable balance of trade.
2. Wealth of Nations was published on March 9, 1776
3. The first comprehensive defense of free market policies
4. The invisible hand is a metaphor that illustrates how those who seek wealth by following their individual self-interest, inadvertently stimulate the economy and assist society as a whole.

http://money.cnn.com/2007/02/05/news/companies/masterfoods/index.htm?postversion=2007020512

The article that i read says that Confectionery giant Masterfoods, which makes Mars and Snickers candy bars are ganna stop selling there products to children under 12 years of age. These products will include Snickers, Mars, M&M's, Twix, Skittles, Starburst, and Milky Way.

Economics

I hope Economics will be a fun class through half of the year we have left and i hope ill be able to learn new and intresting things.