Adam Smith was a philospher whom later became an economist. He believed that gold and silver were not real wealth. He said real wealth was the essentials of life: Food, water, shelter, etc. He believed that if people wanted a better lif style standard, goods and services should be pleniful and cheap. He soon developed the Free Market System, which is based of of the basic known law, "supply and demand", and allows people to "vote" with their money for what they agree and like or with that with which they disagree and dislike. He believed that marketing was democratic, and belived that the best and most sucessful operation in free market was competition. He thought that compitition would create greater quantity, quality, and lower prices on goods and services. He also believed that the only thing that could truly effect and threaten free market was government interference, such as: fixing prices and wages, controlling production, controlling distribution, and subsidizing production

Economics is the study of how people use their scarce resources to meet their competing desires. A resource is called scarce if they do not have what they would if their product was free. so the desicion is left to them to figure out how to use their scarce resources to convince consumers to buy the product.

 Capitalism is an economic model that calls for individual households and small buisnesses to control the economy. Capitalism is only one of twoeconomic models, the other being central planning, which calls for government control of the economy.

Green jobs have different pros and cons. cons being federal and state efforts to stimulate creation of green jobs have largely failed, which government records show. Pros being that the green jobs are in fact helping the economy. The debate is whether green jobs are helping the economy or destroying it.

the question, should I support green jobs or not?

I would support green jobs, for, even if they do fail, they will have some postive impact on the economy and the enviroment. It would help supply and demand because more could be created in a better way, and greatly improve what scarce resources we have!

Political Cartoon 1.Because he thinks that the debate might be average or just plain BORING . 2.That they are pretty boring. 3. Becase most of them know they are completely boring. 4.Not very imortant if no one watches. 5.Because they look good on their track record later.

Political Cartoon
1.Because he thinks that the debate might be average or just plain BORING .
2.That they are pretty boring.
3. Becase most of them know they are completely boring.
4.Not very imortant if no one watches.
5.Because they look good on their track record later.

debate NO. 3

The 3rd debate on the presidential election is clearly the most important one because it is the final debate before the election. The winner of this 3rd debate was clearly obama simply for his knowlege and experience in foriegn policy as a presdent, while govenor Romney has next to know experience in the matter and could not really say what he was going to do would work due to his lack of prior knowlege and experience. The talk about foreign policy was almost like a small bickering between the two presidents, where at the beginning of each segment, both would state their main ideas followed by them assulting the opposers ideas in a calm manner. Through the extent of the debate, both did stick to the issues at hand, but persistently argued over one anothers ideas, making it difficult to understand their ideas fully because, instead of explaining the ideas they had, they argued and explained all of the cons of the others plans. The candidates both used a fair amount of hand motions and body language throughout the debate, which helped express their ideas, but, again they used the majority of their body movements while bickering over the issue. If the average undecided voter only watched this single debate and expressed tforeign policy, it would probably determine their vote for the 2012 election. Judging by Obamas knowlege of foreign policy, this debate could swing voters toward him, causing him to have just enough that he needes to win.


summary:

The Debate began with both presidents begining to talk of their ideas for voters. The 3 main debates are an important impact on all watching voters, but probably impact undecided voters the most. Both only state basic ideas on foreign policy, but soon, the debate took a turn for the worse with almost constant arguements and counters, causing the debate to become derailed from the actual problems that needed attention. Obama had an advantage in this debate because of his experience in the government of dealing with foreign policy, and therfore had a minimal amount of weaknesses, while Romney has almost no experience in the matter, making it hard for him to argue his points to undecided voters. Due to this, it is clear Obama won this debate because of his experince in the matter. Based solely on this debate, it would be safe to assume that ibama would win the election.

debate NO. 3

The 3rd debate on the presidential election is clearly the most important one because it is the final debate before the election. The winner of this 3rd debate was clearly obama simply for his knowlege and experience in foriegn policy as a presdent, while govenor Romney has next to know experience in the matter and could not really say what he was going to do would work due to his lack of prior knowlege and experience. The talk about foreign policy was almost like a small bickering between the two presidents, where at the beginning of each segment, both would state their main ideas followed by them assulting the opposers ideas in a calm manner. Through the extent of the debate, both did stick to the issues at hand, but persistently argued over one anothers ideas, making it difficult to understand their ideas fully because, instead of explaining the ideas they had, they argued and explained all of the cons of the others plans. The candidates both used a fair amount of hand motions and body language throughout the debate, which helped express their ideas, but, again they used the majority of their body movements while bickering over the issue. If the average undecided voter only watched this single debate and expressed tforeign policy, it would probably determine their vote for the 2012 election. Judging by Obamas knowlege of foreign policy, this debate could swing voters toward him, causing him to have just enough that he needes to win.


summary:

The Debate began with both presidents begining to talk of their ideas for voters. The 3 main debates are an important impact on all watching voters, but probably impact undecided voters the most. Both only state basic ideas on foreign policy, but soon, the debate took a turn for the worse with almost constant arguements and counters, causing the debate to become derailed from the actual problems that needed attention. Obama had an advantage in this debate because of his experience in the government of dealing with foreign policy, and therfore had a minimal amount of weaknesses, while Romney has almost no experience in the matter, making it hard for him to argue his points to undecided voters. Due to this, it is clear Obama won this debate because of his experince in the matter. Based solely on this debate, it would be safe to assume that ibama would win the election.

Presidential Debate

Political Cartoon
1.Because he thinks that the debate might be average or just plain BORING .
2.That they are pretty boring.
3. Becase most of them know they are completely boring.
4.Not very imortant if no one watches.
5.Because they look good on their track record later.