ECONOMICS

Title: Should summarize our findings for all Five deliverables

Unifying Topic: The effect of mercantilism and economics on workers, farmers, and the populace

Summarizing idea: Commercialism has a butterfly effect and must be treated with care

Thesis Statement: The ebb and flow of commercialism has a prominent impact in work culture, world agriculture, and the economic cycle

Introduction Veronica (3 paragraphs {450 words})

1st Paragraph: Give an overview of the current economic landscape and

2cnd Paragraph: make a case for the prevalence of a domino affect pertaining to scarcity and production and the free market

3rd Paragraph: Highlight the birth of barter and trade that lead to modern economy. Use the brief history to introduce the thesis

(Transition: The birth and tendencies of mercantilism.)

I. First heading 500 Jose

a. What was the fundamental flaw of mercantilism? What were some of its other negative consequences? Explain.

· The person assigned with this deliverable should:

1. Define mercantilism 150

2. Use ad least one source to exemplify its flaw 150

3. Pull at least 2 negative consequences out of the example from the reference 200

II. Second heading 500 Stacey

a. How did workers fare in the Workshop of the World? Explain some perspective issues that lead to the widespread acceptance of the views of the reformers who were critical of working conditions of the time.

· The person assigned with this deliverable should:

1. Begin with a reference of historic events involving unfair treatment in work culture as a result of the free market

2. Explain reformer ideology

3. Use the reference to give context to the views of the reformers

III. Third heading 500 Nyrdreah

a. What are the effects of farm subsidies such as those of the United States and the European Union on domestic-agricultural prices, world agricultural prices and the international allocation of agricultural resources? Detail and explain

· The person assigned with this deliverable should:

1. Briefly explain farm subsides and their relation to mercantilism {150 words}

2. Include at least 2 references of U.S farm subsidies and one reference for European farm subsidies

3. Highlight the domestic and global affect of the subsidies based on the references

IV. Fourth heading 500 Damita

a. What were the effects of the “Great Depression” on how the Federal government should react to an economic crisis? Explain.

· The person assigned with this deliverable should:

1. Briefly discuss the failings of mercantilism using the great depression as an example

2. Give context to the great depression using at least one historic source {150 words}

3. Pull from the research for an example of financial crisis and how it comes about

V. Fifth heading 500 Sarah

a. How does the U.S. Federal Reserve Board usually react to a recession? Give examples. Explain

· The person assigned with this deliverable should:

1. Give a brief analysis of the federal reserve board’s position in the economy

2. Explain the role of the federal reserve board in the recession using one sourced example {150 words}

3. Tie the federal reserve board into the development of mercantilism and the role of government.

Conclusion and source organization (alphabetize and format) {400} Amber

Paragraph that prepares the audience for the end of the essay,

presents any final appeals, and summarizes and wraps up the paper.