Book

The book that my company read was urban and rural waste in china. This book talks about how china manages their waste, and what you can find. If you were to look in a poor persons trash you would most likely find more of the organic waste, because the poor are going to recycle their trash that they have used and they are going to use it smartly. When you look in the trash of a rich persons you are going to find more of the inorganic products because the rich don't realize what they have, and they are going to just waste what they do have And go Out and just buy more of what they threw out.  This book defined certain words throughout the book, explaining what each word meant and how they are used in the world. The author explained things that happened in china while he was there which was cool, and made me visualize things more.

Terms

Stocks- a stock is a long term investment. Stocks are how companies receive their money. When you give your money to an investor you can tell him what you want to invest in and how many stock you want, he will then go and buy however many shares you want and he will get money for you.

Dividend- a sum of money paid regularly (typically quarterly) by a company to its shareholders out of its profits (or reserves). Meaning when a company makes so much money, they can then offer an amount to their shareholder. Because a dividend is an offer from a company to their shareholder. 

Trades- a trade is a short term investment. You give your money to an investor, and he would buy the company. They are usually bough cheap before the catalyst, and then being sold at the higher point earning you money. 

Catalyst- is what can drive up the price of the stocks in a company. People buy a share before a catalyst and then sell during this time to gain them their money they want. 

December 20%

I will evaluate my project, by taking the response that I got from the middle school staff, and figure out if they would actually take the idea into consideration, or if they would just look right past it. I will also see if the middle school staff thought this was a good idea, or a semi-good idea. If they had any questions or if they needed help the with program I would help them

This month I have emailed the middle school staff, giving them my ideas and explaining to them why I'm doing this.

Obsticals that I overcame we're trying to get ahold of the middle school staff, and waiting for their response. I had to figure out a time where they were able to sit down and talk, and when I could sit down and talk. We couldn't come up with any times were we both weren't busy at the same time. Settling with an email,

Schools

Communistic schools, are the schools that are public, you will have some choices of  what you are going to do? They will pick the schools and classes that you are going to do. Socialistic schools are the schools that are going to be semi public and semi private. And you will have some choices of what you want to do. Capitalistic schools are the schools where you will have no personal choice, and you will be told what you are going to do.

Lemonade cost

To make a cup of lemonade it cost me 11.2 cents per cup. When I figured this I had to buy the cups, and then figure out how many cups were in each pitcher. I then found how much the other products would cost for a cup. And added everything together. 

Min. Wage

I think that raising minimum wage would be a bad thing. I think that it would be a bad thing because, when the prices of jobs go up then the prices of everyday items are going to go up.

http://www.fee.org/the_freeman/detail/the-minimum-wage-good-intentions-bad-results/#axzz2mzmMrTqX- says that there would be 5 major changes if we were to higher minimum wage. These changes are:
1) There would be a loss of employment
2) The economics would have a loss because there would be less product
3) There would be a finical loss to the society
4) There would be funding in training people for jobs and for people to get new jobs
5) The net loss in society for everyday items would go up because the prices of labor costs would have to be covered, and then foreign competition may get more of the income for their company.
This is good proof as to why raising minimum wage would be a bad thin, because there are going to be more than just 5 downfalls.

http://www.moneynews.com/SeanHyman/minimum-wage-raise-employers-businesses/2013/02/17/id/490764
Says that if we raise the minimum wage that it is going to cost 24% more to hire a person to work for you. If the inflation went up to 6 or 8 percent, it would end up having a burden on the bigger companies. Also the prices of  aluminum, steel, copper would start go up more and more.

   

Lemonade Stand Game Vocab

Variable- The variable in this game are the things that you can change. The things that change throughout the game are the price of the cup, the amount of sugar you will use in the cup, the lemons that you will put into the pitcher, and the amount of ice that you will put into the cup. The weather is also a variable because its changes from day to day. The price of the cup of lemonade will also change based on the weather.

Constant- The constants in this game are the cups because you are always using one no matter what.

Perishable- The perishables in the game are the lemons, your sugar, and ice. They are perishables because they go bad and you cant keep them forever, they end up going bad.