Explain how regulation should work in a perfect world (based on how it works in the?Lemonade War?video).? 2. Who benefits more from government regulation big or small businesses? Why? 3

OBJECTIVES:

• Apply marginal thinking to improve decision-making 
• Illustrate how decision-making differs based on the nature of market competition

INSTRUCTIONS:

After viewing videos in Lessons, respond to the prompts below. Each response should be at least a few sentences. Link to all videos in course Videos may also be found on the We the Economy App on your smartphone and on You Tube.

1. In your own words, explain how regulation should work in a perfect world (based on how it works in the Lemonade War video). 

2. Who benefits more from government regulation – big or small businesses? Why?

3. How do loans, such as small business loans and mortgages, help the economy?

4. What has increased more over the past 40 years-household income or household debt? Why is this the case? How has this impacted the economy as a whole? How has this impacted individual consumers? How has this impacted our banking system? 

5. Explain why That Film About Money claims that our economy is based on an illusion? Based on what you learned from these films, do you agree or disagree with this statement? Explain. 

6. What are your thoughts about Detroit after viewing The City on the Rise?

Use the RISE model for best practices in creating meaningful feedback (http://www.risemodel.com).

DELIVERABLE:

 You need to write 4 sentences per questions 1-5 and 4 sentences each per response post. 

REFERENCES

Anytime an outside source is used, please include basic source information (link for website; author, title, date for non-website). However, you are not required to use APA formatting in discussion boards.