Developing Countries

This week, we started to learn about developing and developed countries. We learned that to be a developed country, the nation will have a high GDP, a high standard of living, and have a market economy. A developing country has, obviously, a lower GDP, a lower standard of living, and a less developed industry. I think it's important that we know about developing countries because a good portion of the world are still developing nations. Developing nations are vital to global economies and even to a developed nation's economy. We rely on their resources and labor to aid our own country, as they rely on us for money and necessities. 

Stock Market

So in the few days that I was actually in school, we played a game that was focused around stock markets and stock exchange. Personally, I thought it was an excellent chance for us to experience the many risks and options the stock market provides. It's slightly confusing to play, as if a company is in the news, it doesn't necessarily mean that that's a good thing. Also, the whole idea that to buy cheap and sell high is confusing to me. Yet, I still think it's a good idea that the class plays this game as it prepares us for choices later in life, and teaches us the basics of the stock exchange market.