Wednesday, October 9, 2019

Economic Roller Coaster

Summarize important details from the article "The Economic Roller Coaster"

28 comments:

  1. Mrs. Wilkinson
    Copy and paste from your Google doc

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  2. Myah
    In the article “The Economic Roller Coaster” one of the authorś point of view is when supply and demand are balanced system functions smoothly. One detail that supports this is “As long as itś (the economy) running smoothly, society keeps moving forward.” Another point of view is The system fails when out of balance. The detail that supports it is “

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  3. Maggie
    In “The Economic Roller Coaster”, the main idea is that the United States has a free-market economy. There are many pieces of evidence to support this main idea. According to the text, as long as the economy stays in balance, society keeps progressing. The market prices fluctuate based on the principle of supply and demand, the bedrock of free-market economy. When supply and demand are in balance, the system runs smoothly. However, the economy falters as a result of low demand.

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  4. n the article,”The Economic Roller Coaster” the main idea of the story is the forces that control the ups and downs of a nation’s economy. For example on page 93, it states “Prices change based on a principle called supply and demand.”

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  5. Jonathan

    In the article Economic Roller coaster

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  6. Alexander
    Use important details from the text to summarize.
    In the article “The Economic Roller Coaster” the main idea is that people are worried about the economy. When supply is low, prices are high. For example if there is a cool new pair of shoes that come out but only 300 of them are made, everyone would want them because they would be considered rare. Therefore the prices would be high because barely anyone in the world would have them. Emotions also affect the economy. If people are worried that our country is not doing good they will get worried and not buy a lot of different things.

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  7. In the article The Economic Roller Coaster says if the economy is smooth society moves forward but if its bad it goes down or stays.

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  8. Giselle
    According to the text prices change based on a principle called supply & demand, foundation called free-market. As long as the economy is running smoothly, society keeps moving forward. The economy can falter when

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  9. Angel
    In the article “The Economic Roller Coaster” The author's point of view is that when supply and demand are in balance system functions smoothly. The author also says that the United States of America has a free-market .Some details that support this is that as long as the economy is running smoothly, the society keeps moving forward to a very good feature. Another detail from the text in my own words is that Prices change based on a principle called supply and demand.Supply and Demand is when people want more of an item, the prices grow to the item.However when an item is not wanted that much the prices for that item decreasing. Factors influence economic decisions, by affecting what you can afford to buy. Some probabilities in which Economy can fail is if there is a natural disaster or if demand is low.In conclusion,as long as economy is safe and running smoothly economy will be fine.

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  10. Sophi
    In “The Economic Roller Coaster,” it talks about how the economy runs smoothly and what can make it not run smoothly. The United States is a free market economy, meaning that instead of the government controlling the buying and selling of items and services. These prices change based on supply and demand. Supply is how much is in stock and demand is how many people want it. When the demand is low and supply is high, the economy could have a problem. The supply will cost way less in an attempt to get people to buy the item, but if they don't get the money then they won't be able to pay their workers. If those people don't get paid there's no one buying more stuff, so the economy gets in bad shape. Emotions can also affect the economy when people are afraid of losing money.

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  11. Economics
    In the arctic ̈The Economic Roller coaster.¨ It was about what you can do with the Economic. It was about how people can get things that cost a lot or a little bit

    BY:EDWIN

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  12. nicholas
    In the article the text states that the economy is running smoothly the society keeps moving slowly . as the product is no popular the the price lower

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  13. Yareli
    In the article the main idea is how you

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  14. Gabby Everything is balanced by supply and demand so the economy will not crash.

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  15. In the article The Economic Roller Coaster says if the economy is smooth society moves forward but if its bad it goes down or stays.Aaron

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  16. Aimmee
    In the article the main idea is

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  17. Ryan
    In the passage, “The Economic Rollercoaster” the main idea is that our economy runs like a free market. The author in this story supports that America's free-market runs on supply and demand. “As long as it’s running smoothly society keeps moving forward.” The author compared it to an engine that is running the society. Prices change based on supply and demand (the foundation of a free market). Supply is the inventory of services and products. Demand is the need of its consumers. The economy can falter when demand is low, low prices don’t help people who don’t have money. Also when an item is rare supply becomes low and demand becomes high.

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  18. Derek
    The text is about the economy and the prices of products. For example if there is a rare item or collectible like a shoe that there is only a 100 of in the world.

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  19. Isaac
    In the text, “ The Economic Rollercoaster”, the main idea is about America’s free economy, and free markets .Without economics, everything would fall apart. But as long as economics don’t have any mistakes or problems, people move forward and there is no chaos. Prices change based on something called “Supply And Demand”. This helps economics run smoothly. “Supply And Demand” is definitely an essential part economics. An economy can falter when a demand is low. This means that the economy does not function because it is not stable. Factors influence economic decisions, it affects what you can afford to purchase. When an item is rare, people tend to want to buy it. When an item is rare, supply is low, while the demand is high. When a company wants to put something new, they probably want to get rid of the old things. This means that the company puts a lower price on the object because that object is in overstock. This is why they put a lower price.

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  20. Myah
    The theme of the book Touching Spirit Bear is life is a circle. Choles background is the father hurt chole, Choleś mom hurt chole, choles father’s father hurt chloe's dad. Chole hurt peter, and Sprite bear hurt chole. On page 121 it said “Your father isn't a bad person, but when he was younger, he had parents who beat him for everything.” “That’s all he ever knew.” Another example is when the main character, Chole mattews begins the story by beating up peter a kid in his class and than went to an island and got mauled by a bear. Chole only trusted people that were afraid of him. He didn’t trust gravy because he wasn’t afraid of him. To show chole that gravy trusted him gravy gave chole at.´oow. The specily blanket shows trust.
    After Chole got mauled by a bear, Chole change and started to learn stuff , like he can never get rid of his anger he just needs to learn how to control it. Every morning he wakes up soaked in the pound, eat breakfast, work hard, make dinning, dance a dance, sleep, and then do it all over again. Chole finally realized life isn't a game he could play and easily bet. He actually had to work for stuff. Chole had to earn people's trust and even the sprite bear two.
    At the end Chole change so much during the time his has been on the island that when he heard peter was trying to commit suicide he jumped right in to help. Peter came to the island and chole showed peter, the pound, the totem where he carves what sees, and the dances he dances. Peter hurt chole at first but once they show the Spirt bear Peter started to trust Chole. Chole finally found out what to crave in the emtey space, with the help of peter they made a circle. They learned to trust each other and that life is a circle.

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  21. The theme of touching Spirit Bear, by Ben mikaelsen, is life is a circle. This means that for every action there is a reaction. Life occurs in a cycle of events. For example, the main character cole matthews is a trouble youth. Cole In the beginning was mad and angry. Cole was mad and angry because he wanted to fight the Bear. At the End Cole was starting to get happy. Then Cole wants to fight the Bear.

    BY:EDWIN

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  22. Aimmee
    9/27/19
    The theme of Touching spirit bear, by Ben mikaelsen, is life is a circle. This means that for every action there is a reaction. LIfe is a reaction. Life occurs in a cycle of events. For example, the main character cole matthews is a troubled youth.

    IN the beginning of the story cole

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  23. Yareli☺
    The theme of touching Spirit Bear , by Ben Mikaelsen , is life is a circle. This means that for every action there is a reaction. Life occurs in a cycle of events. For an example the main character cole Matthews is a trouble youth.

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  24. seth in the article economic Roller coaster

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