Showing posts with label Supply and Demand. Show all posts
Showing posts with label Supply and Demand. Show all posts

Thursday, September 10, 2020

9/10/2020: Babysitter bidding wars - The psychology of kindness

Today's Article: Babysitter bidding wars
From: The Chicago Tribune
Readability Score: 10.4

What's the going rate for babysitters in your area? With schools closed and child care centers less appealing, Chicago families are looking at increases for qualified nannies and babysitters. Discuss supply and demand and the price system with a job that many teens may identify with.

Click here to view the entire article and classroom discussion questions:
https://www.izzit.org/events/index.php

Today's Alternate Article: The psychology of kindness
Readability Score: 9.3 



Friday, May 22, 2020

5/22/2020: Foxconn says its big iPhone factories in China are back to normal - New breathing machine designed by Nashville doctor to combat COVID-19

Today's Article: Foxconn says its big iPhone factories in China are back to normal
From: CNN Business
Readability Score: 11.2


iPhone factories back on line but electronic supply chains are still far from iNormal.

Click here to view the entire article and classroom discussion questions:
https://www.izzit.org/events/index.php


Today's Alternate Article: New breathing machine designed by Nashville doctor to combat COVID-19
Readability Score: 8.9

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Wednesday, May 20, 2020

5/20/2020: African nations seek their own solutions in virus crisis - Kentucky Derby Mint Supply

Today's Article: African nations seek their own solutions in virus crisis
From: Associated Press
Readability Score: 13.3

As countries around the world compete for scarce medical supplies, Africans are having to be resourceful to prepare for the pandemic. What are they doing? How might this shape the continent's future? Learn more, and then check out some of izzit's other resources on Africa, Victoria's Chance and Recipe for Success!

Click here to view the entire article and classroom discussion questions:
https://www.izzit.org/events/index.php

Today's Alternate Article: Kentucky Derby Mint Supply
Readability Score: 7.2

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Friday, September 20, 2019

9/20/2019: Vanilla Boom Is Making People Rich — And Jittery — In Madagascar - Lawmakers file bill to require panic buttons in public schools

Today's Article: Vanilla Boom Is Making People Rich — And Jittery — In Madagascar
From: NPR
Readability Score: 10.1


Vanilla isn't "plain" after all. Increased prices are increasing wealth in Madagascar. Supply and demand!

Click here to view the entire article and classroom discussion questions:
https://www.izzit.org/events/index.php


Today's Alternate Article: Lawmakers file bill to require panic buttons in public schools
Readability Score: 7.4

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Monday, September 9, 2019

9/9/2019: Pricing Laws, Shortages, and Natural Disasters - Millennial And Gen-X Travelers: Need Another Measles Shot?

Today's Article: Pricing Laws, Shortages, and Natural Disasters
From: Forbes.com
Readability Score: 10.5


Should prices be controlled by law during a natural disaster? What effect does this have on the supply of resources? Which policy helps people the most?

Click here to view the entire article and classroom discussion questions:
https://www.izzit.org/events/index.php


Today's Alternate Article: Millennial And Gen-X Travelers: Need Another Measles Shot?
Readability Score: 7.6

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Tuesday, August 16, 2016

The Invisible Hand - New Release

The Invisible Hand isn’t so invisible after all! 



The entire global economy boils down to two people: a buyer and a seller. And the system works best when the seller has the buyer’s best interests at heart. But even if the seller is acting strictly in his own interest, good things happen – we get what we want! 

Over 200 years ago, a Scottish philosopher named Adam Smith came up with revolutionary ideas about how things work. Those ideas are easy to see in the world around us. 


Visit a bakery in Scotland to witness supply and demand, and to learn how businesses know the prices at which they can sell their products and what they should offer customers. Then go to eBay to see the Invisible Hand in action, showing how economic systems can self-regulate without a “Man of Systems” micro-managing every transaction, and how trust and reputation are critical to sellers. 




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