Some interesting things I learned about are command economy, mixed economy, and market economy, which helped me understand the types of economic systems. For example, China has a mixed economy system. One thing I found really surprising market economy has its downside, which made me think the mixed economy system might be a better system. For example, China has a mixed economy system. Its economic growth and development of infrastructures such as subway, railway, roads, and parks are building so much faster than other countries.
Before this project I used to think the market economy is the best system, now I think it has its disadvantages. For example, it takes a much longer time for the market economy to build a road because it takes longer to gather the fund.
Looking back on this Projector Economy, I realize that the most important thing is understanding how the economy works. However, a big question I still have is how could we change the economic system in third world countries so they can have a better life.
I think I am a good member of R.I.C.H. The group is getting things done on time. For example, we managed to finish all the holders on time and be prepared for the sale days. Also, I can make sure things are done on time and make sure everyone is doing there job and focused. I can take good care of my time and finish things early. For example, I got 200 of change to make sure people can buy or stuff. As a collaborator, I can get better by making sure everything is organized. For example, I can make sure the money are well separate.
We identify or target market. We also explained the need for our product. We have to explain our business plan. We are organized and shares responsibilities. All members participate in answering questions.
We are going to sell id card case using waste plastic. We found out the school is using plastic made id card cases, so we decided to change it to waste plastic made cases. Our target market will be the student & teachers at isb.
Date: April. 8,2019. We went to the Wenyu River for field study. Sunny. There are flowers on the ground and the threes turned green. In Quadrant 1, there are no insects. For quadrant 2, there are some spiders, bugs, and ants.
Caption: This is the data table for our 2 quadrants. In April, some of the insects disappeared.