Category Archives: students

Four Major Intellectual and Institutional in the west before the 1820’s

This is one thing that really caught my eye in the reading. The printing press, creation of colleges and realizations that human beings were capable of seeking more knowledge than what they were born/surrounded with, the emergence of important urban trading centers, and how religion played a huge role in economic systems, and how people […]

I find it interesting..

I find it quite interesting(actually hilarious) to find that the meanings of First World, Second World, and Third World countries weren’t the same back when they were first established as they are today. To me it seems like the scene from the Sandlot where the group of main characters play the snobby baseball team that […]

Malthusian

I would first like to address how terrifying the thought of this is. I hear people talking/joking about the day this planet will become overpopulated in my lifetime and after a few moments the topic is gone and everyone is on their merry way as if the conversation never happened. After doing the reading and […]

Comparative Socialist Economic System

A Socialist economic system is based on a social ownership of production and co-operative management of the economy. Social ownership may refer to cooperative enterprises, common ownership, state ownership, citizen ownership of equity, or any combination of these. These combinations … Continue reading

Mixed Economy

I think having a mixed economy would be the best choice because mixed economies involve both the government and the people who are in it. It helps share the responsibilities and choices that need to be made. Also, there is way less of unequal income in this economy. By doing this it balances the economy … Continue reading Mixed Economy

Unit 2

The assigned readings that weren’t in the Madison book made me realize how some countries that weren’t apart of the eras of exploration or that weren’t highly populated had a large economic hole to dig themselves out of. At a first glance of a third world country its hard to wrap your head around how … Continue reading Unit 2

The Scientific Revolution

Before reading the first section of the Madison book I never thought about how  scientific growth could help countries and areas progress economically. The Scientific Revolution section in the Madison book helped connect new findings and inventions in the world of science and exploration with economic progress. How the Western European countries separated themselves from … Continue reading The Scientific Revolution

Mixed Economies

I think that a country being able to have a mixed economy can be a very good thing for the country if it is utilized correctly. With a mixed economy you can have many of the plus sides of a capitalistic economy while eliminating some of the downfalls. If the government is able to control … Continue reading Mixed Economies