Blog

In class we presented our projects.  Our project was the greatest.  Matt didn't do much and made a poster with about every word spelled wrong.  We probably got a b.  They were others that were not that good.  A few forgot a poster and were boring.  

vocab

Capitalism

 is an economic and political system in which investment in and ownership of theme ans of production, distribution, and exchange of wealth is made and maintained chiefly by private individuals or corporations,especially as contrasted to cooperatively or state-owned means of wealth.

Communism
A theoretical economic system characterized by the collective ownership of property and by the organization of labor for the common advantage of all members. (classless)

Free market
is an economic system in which prices andag wes are determined by unrestricted competition between businesses, without government regulation or fear of monopolies.

Free enterprise
The freedom of private businesses to operate competitively for profit with minimal government regulation.

ha

In class we watched the movie, we learned a lot about Lifan car company.  Like, three fourths of the metal and parts are imported from Pittsburgh Pennsylvania and Maryland.  The Pittsburgh Steelers are not called the Steelers because they steal things its because they made a big steel company there.  China now is the biggest steel manufacture in the world.  A weird fact is nine out of ten people in china that buy cars use cash.  

cars

  In class we got back our essays.  Evan and I got a 86% which is okay:/  I thought we did better but, we made to many stupid mistakes.  We continued our video and looked at cars in china.  The cars in china are increasing rapidly and it would be a good idea so get rid of them.  I would just make more lanes in the roads. 

no class

I was steminggg!