List activities, events, procedures, routines throughout the day that could teach economic concepts to young child.
List activities, events, procedures, routines throughout the day that could teach economic concepts to young child.
Homework Answers
The activities that I would teach young child regarding the basic economic knowledge includes
1) make him understand about the opportunity cost which is the cost of next best alternative
2) understand about the budget constraint and give him of fixed amount of allowance so that you would manage in that
3) make him understand about the daily routine of the house so that you would understand what are the utility levels of individual units of consumption of various activities etc
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List activities, events, procedures, routines throughout the day
that could teach economic concepts to young child.
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3. Compare the philanthropic activities of Soles 4 Souls
and TOMS Shoes. Describe the differences and similarities of the
two organizations. Which group appears to help more people, from a
philanthropic view? Explain your reasoning.
4. Is giving really the driving force behind TOMS shoes,
in your opinion? Explain.
5. How do you think TOMS’ model may change now that Bain
Capital is its partner?
3 TOMS Shoes: Helping Soles All Over the World In 2002, Blake Mycoskie and...
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