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Marketing Capitalism Questions • List your team members name & how much money is left at the end of your game. • How many earned more than the $1,500 they started with? • How many have less than the $1,500 they started with? Capitalism Question • If you lost money, why do you think that is? – Bad Luck – Poor Risk Taking – Other:_______________ • Are there any advantages to free enterprise? Why or Why not? If yes, what advantages are there? • Does free enterprise benefit everyone equally? Socialism Monopoly Warm-up • List 3 characteristics of Capitalism? – Individuals can buy properties – Can own railroads & utility companies – Can buy stock – Can receive dividends from the bank – Pay taxes – Pay more for medical care – Can get rich, can go broke – Student Debt, Unemployment, Economic Freedom What Does This Mean? Socialism • Government has an increased role in society • Main goal is to meet the basic needs for all and to provide employment for many • The goal is to have a classless society – No poverty, middle class, rich – Citizens are equal Socialism • More social programs to ensure a certain standard of living for their citizens • Medical care & education is free or very cheap • Businesses & individuals pay MUCH higher taxes than those in a capitalistic society • The government runs most industries – Telephone companies, banks, electric companies, water, gas, transportation, etc.. • Sweden, Canada, The United Kingdom use this philosophy Socialism Monopoly Rules • Pass Go you get $150 • Free Parking money is distributed equally to everyone • Income Tax spaces are $400 • Luxury Tax is $125 each player • Jail costs $75 to get out Chance Cards • Visit the railroad – Government owned – Pay the government twice the rent • Get out of Jail Free now costs $50 • All utilities are paid to government • Bank Dividend: Player receives no money • Building & Loan Matures: Owe govt. $50 • General Repairs: $40/house & $130/hotel • Poor Tax: Player has to redistribute their wealth so that they have no more than others • Chairman of the Board: Other players must pay you so that wealth is redistributed Community Chest Cards Income Tax Refund Pay School Tax Doctor’s Fee Get out of Jail Free Grand Opera Opening Street Repairs Sale of Stock Receive for Services Pay Hospital Collect only $10 Pay $200 Pay $5 Pay $50 Redistribute wealth so everyone has the same Repair Fee Doubles Collect $25 Collect $15 Pay $5 Capitalism • Capitalism: Political & economical philosophy – Characterized by marketplace competition – Private ownership of business. – Also known as Free Enterprise • United States & Japan are two examples • Government takes care of people via social services • Government is associated with capitalism – Democracy – Vote republican, democratic, independent, etc… Bell Work • What is one characteristic of socialism? – Government has an increased role in society – Main goal is to meet the basic needs for all and to provide employment for many – The goal is to have a classless society • More social programs to ensure a certain standard of living for their citizens • Medical care & education is free or very cheap • Businesses & individuals pay MUCH higher taxes than those in a capitalistic society • The government runs most industries – Telephone companies, banks, electric companies, water, gas, transportation, etc.. Capitalism Bank $ Amount $500 2 $100 2 $50 2 $20 6 $10 5 $5 5 $1 5 Total: $1,500 Week #5 Week #6 Week #7 Speaker #1 Mallory Anderson (1) Hayato Johnson (3) Brea Brown Speaker #2 Dabrina Gonzalez (2) Valeria Diaz (4) Susy Gomez Speaker #3 Vicente Jan (3) Shelby Thomas (2) Dominque Munoz Zack Zaragoza (1) Todd Wells Speaker #4 Evaluator #1 Dominque Munoz (2) Jason Anderson (T-3) Dabrina Gonzalez Evaluator #2 Savannah Rojas (1) Oscar Chairez (1) Nick Kroenfield Evaluator #3 Zach Zaragoza Alani Miller (T-3) Scotty Nickerson Julianne Oliva (2) Channing Tucker Evaluator #4 Toastmaster Erika Navarrete Sarah Mondragon Hayato Johnson Table Topics Master Brittanie Johnson Kaycie Dahl Bradley Shore TT Speakers Scottie, Trevor, Sarah, & Kevin Devin, Haylee, Shelby, & Kevin Timekeeper Jennifer Sandoval Savannah Rojas Kamron Martin Ah Counter Alani Miller Danielle Phagan Mallory Anderson JokeMaster Devin Winner Bradley Shore Jason Anderson WordMaster Stevi Zozaya (Swag) Susy Gomez (Hardcore) Trevor Bratcher SnackMaster Reyna Ochoa Dominque Munoz Monopoly Totals • Group #1 – – – – – Brea Dabrina Hayato Nick Julianne • Group #2 – – – – Susy Dominque Reyna Bradley • Group #3 – – – – – Jason Oscar Colin Kamron Bryant • Group #4 – – – – – – Mallory Savannah Michelle Shelby Channing Stevi • Group #5 – – – – – – Haylee Kaycie Erika Quinn Danielle Sarah • Group #6 – – – – Valeria Brittany Alani Jennifer • Group #7 – – – – – Trevor Scotty Kevin Trandon Devin • Group #8 – – – – Julian Vicente Todd Zack Communism Monopoly Bell Work • Name One Characteristic of a communistic society? Week #5 Week #6 Week #7 Speaker #1 Lucas Gil (1) Brady Anderson (3) Angel Hurtado Speaker #2 Halie Sutton (2) Katlyn Jones (2) Brenda Lara Speaker #3 Jaci Boisjolie (4) Angel Hurtado (Absent) Jose Ruvalcaba Speaker #4 Nathan Dominguez (3) Mackenzie Richards (1) Kyle Sheltra & Luis Suarez Evaluator #1 Francisco Bojorquez (4) Lindsey Solano (1) Kristin Cofske Evaluator #2 Stephanie Guzman (2) Edmond Song (2) Edgar Colon Evaluator #3 Brian Jenkins (3) Adam Smoker (3) Nathan Dominguez Evaluator #4 Kyle Sheltra (1) Toastmaster Christian Meza Jennifer Salazar Brady Anderson Table Topics Master Jennifer Salazar Brenda Lara Charles Vasquez TT Speakers Brenda, Kyana, Adam, Dina Lucas, Stephen, Heather, & Alyssa Timekeeper Manuel Soqui Kristin Cofske Francisco Bojorquez Ah Counter Alyssa Enman Dina Smith Heather Cradic JokeMaster/Dance Jose R. Lucas Gil / Edgar Colon Mary Pepple / Kyana V. WordMaster Edgar Colon Gloria Perez Katlym Jones Alyssa Enman & Jordan Zamora Communism • Government controls factors of production • No private ownership of property or capital • Built around the belief that if goods are owned by government they are available to everyone – Promotes a Classless society – Government acts as the community • All workers are assigned jobs – No unemployment – Always get paid (regardless if you go or not) • Housing & education are determined by government • Medical Care is free • No financial incentive for people to work harder • Examples include Cuba and North Korea Communism Rules • Everyone starts with $900 – Unless you had less on Thursday • No properties can be purchased – No one can own land – Rent must be paid to the government • All properties require rent • Every time you pass go collect $100 • No money goes to free parking • There is no income or luxury tax – Taxes are taken out of your check automatically – There are no luxuries • If placed in jail, skip two turns Chance Cards Card Payment/Consequence Visit the Railroad Pay twice the rent Get out of Jail Free Lose one turn instead of two Visit Utility Pay government Bank Dividend $0 Building & Loan Matures $0 General Repairs $0 Poor Tax $0 Chairman of the Board $0 Community Chest Cards Card Payment Income Tax Refund $0 Pay School Tax $0 Doctor’s Fee $0 Get Out of Jail Free Lose One Turn Grand Opera Opening $0 Street Repairs $0 Sale of Stock $0 Receive for Services $0 Pay Hospital $0