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.
Caption: Me and my group performing the child who is working at the cocoa farms.
Looking back on Project Recharge, I learned about child labor and how chocolate is made. For example, I researched on how companies make their chocolate. In Ferraro, there use child labor to get the cocoa beans.Children not only have the low pay, also they are working in horrible conditions. So, I think the children don’t have the freedom to go to school, but the cocoa farmers have the power to let them work. Also, I learned how to make citations using noodle tool. A citation needs to have the name of the book, article, or other resource; the name of its author; information about the journal it came from; the date it was published; and when it was accessed if it was read online. Before this project I used to think chocolate does not use child labor and it’s very easy to be made, but now I think the children making chocolate are very tired and children aren’t going to school, but working to make chocolate. For example, I found out that in contrast the children are working for the Ferrero cocoa supplier chain only earning 50 cents to 90 cents a day, whist the average of those living in extreme poverty in the world earn about $1.90 USD a day. This is shocking data that these cocoa farm workers’ families and their children have to work 13 hours a day but earn the least amount of money that anyone in the world could earn. When I found out that many chocolate companies are using child labor, now I only buy chocolates that are child labor free.Looking back on Project Recharge, I realize that power is very important because if you have the power, you can have the freedom to do things. For example, the children in the cocoa farm don’t have the power and freedom, but the farmer have the power so he can control the children.