Economics by 2020Aiden Comeau https://padlet.com/9958404/7tof5py6o9ps Made with wonder en-us 2018-02-02 13:19:14 UTC 2025-10-25 05:54:38 UTC hello@padlet.com To what extent should this industry be regulated? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/227464165 I do not think this industry should be regulated. I believe in the freedom of people to buy and sell their purchases on whichever site they wish. I believe this because if it is handed over to some stock market like body, the control shifts from the seller to choose their site of choice.]]> 2018-02-02 13:22:39 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/227464165 Do you agree that sneakers can be an investment opportunity given the information available? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/227465798 I absolutely think that sneakers can be an investment, as can most "things", as Josh puts it. I believe that someone can and should be permitted to make a purchase of shoes or other things and sell them for a profit, or if they are unlucky suffer a loss. One can do as much research as they see fit, and although it is not always reliable, it is always a potential for gain.]]> 2018-02-02 13:26:22 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/227465798 Is Nike manipulating the market unfairly? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/227467456 Is Nike manipulating the market? Yes. Is that unfair? Perhaps, but it could also be interpreted as good strategy, which is what I would choose to identify it as. Sneakers are not a need by any definition of the word. People are not required to buy shoes, let alone build massive collections. It is perfectly permissible for Nike to use the market as a way to make more money; they are a business attempting to make money.]]> 2018-02-02 13:30:47 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/227467456 What does "better off" mean to you? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/232303691 I think that "better off" means having the good social skills and acquiring decent income while pursuing a career you find interesting.]]> 2018-02-16 13:06:11 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/232303691 How should countries' growth/satisfaction be measured and by whom? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/232309131 These things should be measured by economic growth. This can be determined by the stock market or how businesses are doing and employing people.]]> 2018-02-16 13:23:42 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/232309131 Poverty Rate 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/232310566 In order to lower the poverty rate, I would suggest getting a job (even if you do not like it), abstaining from sex before marriage, and graduating high school. ]]> 2018-02-16 13:27:40 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/232310566 Universal Income 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/232312922 I do not believe in the concept of a universal income. I think that there should be opportunity for wealth mobility, because this provides incentive for people to work hard and improve the economy by doing so.]]> 2018-02-16 13:34:34 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/232312922 How should we balance the need for economic growth with the reality of limited/finite resources? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/234208838 I do not know enough about the subject to suggest a specific policy. However, what he said made sense. In an ever growing world, I think it is important for economic policies to take place that conserve resources. Again, as I have not researched this topic, my opinion could change.]]> 2018-02-22 13:54:40 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/234208838 According to economic analysis, it is better to be proactive to this issue rather than reactive. To what extent do you think economic policies can make change? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/234211336 Economic policies can make change as he suggested to help prepare for these changes. I do not know exactly how, but they can figure it out.]]> 2018-02-22 13:58:34 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/234211336 60% of the US public has less than 1,000 dollars in savings. To what extent is the US economic system to blame? 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/241918860 I am not sure that it is the economic system is to blame for this problem. I believe, as Carroll does, that it is a problem that lies within education. If someone is educated on how to control their money and allocate their resources well, studies suggest they will do well.]]> 2018-03-14 14:55:39 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/241918860 Financial illiteracy 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/241926595 I think that the answer to solving financial illiteracy is the same answer to the question of solving the crime problem among the poor community. The answer, in my opinion, is better education systems and a stronger family unit. A prerequisite to a decent living is knowing you have the ability to pursue one. If you receive a bad education, you will not thrive in a world of competition. Likewise, if you grow up with a broken family unable to support you, you will not have the social and emotional skills necessary to have a good life.]]> 2018-03-14 15:07:22 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/241926595 GDP/Regulation 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/242781199 I do not think it is necessarily in the best interest to have a few corporations that lead the nation and the world in GDP. It does not offer fair job growth and it restricts consumers as to what they can buy. However, I have not done sufficient research on this topic to be able to craft a complete opinion.]]> 2018-03-16 12:42:49 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/242781199 Behavioral Economics 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/242783657 Yes, I do believe that these companies are in fact taking advantage of the consumer. However, I also believe in the responsibility of the consumer and society at large to turn back to personal responsibility and start valuing family life. If we do not do this, then we will allow these companies to become what defines and controls us.]]> 2018-03-16 12:48:04 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/242783657 Walmart 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/242785391 I do not know the specifics of Walmart's business so I do not know I can accurately answer]]> 2018-03-16 12:52:08 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/242785391 Experience Philosophy 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/247481376 I think that experience can have an extremely positive impact on people and, in this case, on malls. Despite smartphones, I think humans have a desire to interact with people and share experiences with them, and that will not dissipate. ]]> 2018-03-30 12:57:59 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/247481376 Discount 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/247481899 It seems to be evident that outlet options can combat it to an extent, but in the end they will not succeed. For example Akron tried to do this and failed.]]> 2018-03-30 13:01:05 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/247481899 Automation 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/260818267 I think that automation decreases the economic pie. I think that it is evident that people lose jobs in the long run. For example, McDonald's is beginning to introduce more ordering machines and hire less employees, creating less of a demand for skilled workers.]]> 2018-05-15 12:35:45 UTC https://padlet.com/9958404/7tof5py6o9ps/wish/260818267 Intelligence Myth 9958404 https://padlet.com/9958404/7tof5py6o9ps/wish/260819888 I think that some economists have, but I do not think it matters. This is because people understand that it cannot exactly replicate human emotion.

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