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Posted: April 14th, 2022
Economics
Hear this episode of the Planet Cash podcast, Summer season College 2: Markets and Pickles. You’ll find it in your cellphone and pay attention whilst you fold laundry (it is 31 minutes).
Reply every of the next prompts. Complete response must be 100-200 phrases (due four/11)
1. Clarify how the meals banks improved effectivity by making a market system to allocate meals.
2. Every meals financial institution was given “cash” (shares) primarily based on want and variety of purchasers served. How does that differ from how an actual market works, and what impact does which have on distribution/allocation? Which methodology do you assume is best?
three. One fundamental subject of the podcast is whether or not market forces are one of the simplest ways to allocate scarce assets. A significant debate happening lately is how a lot market forces must be utilized in allocating assets in training (for instance ought to all colleges be personal) and well being care (different rich nations have nationwide well being care, not the largely personal system we use the US). Select one among these areas (training or well being care) and briefly clarify why you assume markets ought to or shouldn’t be used.
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Summer season College 2: Markets and Pickles is the second episode of the Planet Cash podcast. You possibly can hearken to it in your cellphone whereas folding laundry (it is 31 minutes lengthy).
Reply to every of the prompts under. Complete response size must be between 100 and 200 phrases (due four/11).
1. Describe how meals banks elevated effectivity by establishing a market system for allocating meals.
2. Every meals financial institution was given “cash” (shares) primarily based on the variety of purchasers served and the necessity. How does this differ from how an actual market operates, and the way does this have an effect on distribution/allocation? Which methodology do you imagine is superior?
three. One of many podcast’s fundamental subjects is whether or not market forces are one of the simplest ways to allocate scarce assets. There’s a main debate happening.
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