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Economics. When most Americans hear that term they think money. Yet all societies have economies while most have not used money as a medium of exchange. In fact, economics refers more to the regulation of access to natural resources. How people ...

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Readings:

  • Chapter 7: Economic Systems

Assignments:

  1. Answer Questions (Graded for 20 points. Due Friday )
  2. Write an essay about the economic system used in your friend's native culture Due Friday

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Travel Log

  • Let's discuss the economics of the tropical rain forests. Refer to the Current Issues box titled "impact of the World-System--Deforestation of the Amazon," (see page 134 of the text). What economic forces have led to the deforestation of portions of the Brazilian rain forest? How can the indigenous peoples of the rain forest exploit it without destroying it? Of what value are the rain forests to the rest of the world?

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