Monday, September 14, 2015

Lily Bjorlin, Chapter 1, Question 6

After reading this chapter I learned how interconnected different aspects of a market economy are. Before making any decisions about the Economy you have to think about what the further consequences will be, like how reducing oil production will lead to more motorcycle deaths. Also, I learned that even if something seems like a bad idea at first it could end up being extremely beneficial, like when Coca-cola gave out free bottles and coolers to East Germany which made them lose money at first but once East Germany established themselves more after the Soviet Union their brand was already there and people wanted it.

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