1) Please answer the following questions:
(A) Please provide two examples of relative poverty… make sure to explain (10 points)
(B) ESSAY: Be very specific in answering this question. List and explain 3 specific ways that the economy has changed over the last 60 years. In answering this question, you should consider both films, the articles for this section, along with at least one fact from the lecture slides. This answer should be roughly 150-250 words. (30 points)
(C) Please list and explain one SPECIFIC thing that you learned during this section of the course that will impact the way you view the economy moving forward. This answer should be around 50-70 words. (10 points)
Reference: https://www.mediafire.com/file/ss9g3uw8bbpgqtv/Poverty_and_Work_Notes_%2528for_quiz%2529.pptx/file
2) Read Chapter 2 then answer the following prompt: https://saylordotorg.github.io/text_social-problems-continuity-and-change/
Identify and explain 4 important terms from the text. Explain the term and explain why the term has importance to you and the way you will understand the environment as a social problem.
3) Watch the following video on the problems with the middle class:
Then:
(A) Give a very brief summary and response
(B) Why do you believe that economists worry so much about the middle class? What are the concerns regarding what will happen if the middle class continues to disappear?
4) After completing the documentary Capitalism: A Love Story, please answer the following questions:
(A) Identify at least 4 specific things that the film identifies as problems with Capitalism. These can be ways that people are treated poorly or ways that the economy is messed up…. be specific (100-150 words)
(B) Do you think capitalism is a good idea, bad idea, okay idea? Why? (50-100 words)
(C) Provide a review of this film (150-200 words) where you explain the basic premise of the film and identify whether you believe it to be an effective film…. Give your reasons.
