Dow down 416 pts! - Why?

The reason that the Dow Jones went down because the chinese that make the goods for certain company in the Dow Jones. The chinese market went down 9% and everybody knew once they went down the U.S Market was going to go down because we have alot invested in the Chinese market.This compares to the great dpression and 9-11 because they both have major decreases in the stock market because those were bad times for the us but in this instinct it was bad time for another conutries market that we have so much invested in with that certain country. No it not a good time to buy because the stock market down and you could lose alot of money if the stock market does not go uup in a week you would of lost alot of money by this time

Opportunity Costs

When economist have opportunity cost they have to see what will have the best outcome in th long run. They want to make more money in less time for somethding valuable then unvalueable.The decision to produce or consume a product involves giving up another product. The real cost of an action is the next best alternative forgone. When I want to go college and pay alot of money in 4 years then trying to get the same job done with the amount i would pay to get into college. Another one if i wanna buy clothes and i really need the sneakers i woudld dhave to give up buying inexpensive pair of sneakers then buying expexnise clothes.

Types Of Economics System

Traditional Economies - This economy system is which people's economic roles are the same as those as there parents and grandparents. This societies produce goods and services are found in parts of the world like South America, Asia And Africa. People that live in agriculture villages still harvest their own foods and also the way they make clothes and make shelter are the same way as there anscestors did way back when.

Centrally Planned (Command) Economy- In this Economy the main decision maker is the government. You can not independently decide to open and run any kind of business without the government permission. They decied what are proudce and sold in these business. The government also decide what type of skilled workers get to work idn the business.

Market Economy- This economic system is one that the nation 's economic desisions are the results of individual decisions by buyers and sellers in the worlds market place. When you finish school you make work where you want to work if the job is open or you can workin your own business. If you open you own business you could risk all the money you saved and borrowed to open up your business and you have to open and pray that you will be sucessful. The prices you charge for goods and services will be influced by the prices charged by your competitors. You success solely depends of the demand by consumers for your goods. You may do well and you made end up going out of business if the people dont like whtat you are selling

Mixed Economy- Thsi economy is mixed between socialism and capitalism. The rules for this economy is always changing because of the lack or principles involved. This economy is a sign of intellectual chaos.

Stock Market Game 1- Initial Investment Strategy

My Initial investment plan is that I will buy a few stock then see what is getting the most money gain in 2 weeks. The ones that sell the most i will keep and sell the ones that are not selling very well and buy new stock that i think are selling good at the time. One Of the Stock I would buy is Kohl's because I like clothing and I would like to see this market thrive in the stock market game. I also would buy AOL stock because this i use most at home and too me this will make a lot of money because everybody use AOL at home or they use something connected to AOL market. I also would purchase Stock in the Dow Jones because they have many of the company I purchase items from when I go shopping for items I need to survive in life. I also would buy stock in phone company because everybody use cell phones. I would be conservative because i don't want to lose all my money before the game ends. I would like to have some money left when the games ends.

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