Wednesday, February 12, 2014

Economics Connections

My 8th grade classes were talking about Adam Smith and the Wealth of Nations.  We were discussing the private ownership of businesses and the free market.  In the news the next day was a big story about the stock market taking a big dive.  We got in a good conversation about capitalism and communism and they saw that Smith's ideas from 1776 were the basis of our economic system today.

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