economy

__**ECONOMY**__ #1 Nick Niang

In China during the reign of the Yuan Dynasty under the rule of Kublai Khan, was when the first paper money was used. This paper currency was known as the Chao. Prior to this, paper notes and promissary notes were used to [|purchase] items. Coin currency became scarce because of low supply and high demand. Paper was cheaper and weighed less.

The [|people] of Shoshimi use paper money to illistrate our pride in our nation. These symbols represent our land, our national animal and the hard work we do. The light [|weight] of paper money makes it easier to carry and store. We can use our paper money because it is our money. No one else can use their money in our country to pay. They must use our money in our country.

Marina Manojlovic The Lydians were an ancient civilization that was located in western Asia. They were the first to actually use coined money. The first type of money was made of gold and silver and was shaped like a kidney bean. The money gave traders the opportunity to set certain prices for their products and jobs. The lydians were the first civilization to create an economy using money. This economy gave items value, since they now had prices. Eventually, this spread to the Greeks, and then the Persians, and then to the rest of the world. After money started being used; items got divided into two categories: expensive and cheap. Now that money was being used, it made it easier to buy things and made it easier to trade. Lydian money has influenced all other money in the world. For example, it influenced the way coins look now, the designs they have on them, and what they’re worth. I believe that the purpose of creating these coins was to make it easier to get products without having to use barter. Barter was the exchange of one good or service to another. People could also bargain which was when 2 people offer goods to one anotheras long as the other could provide the good or service the other one wanted. The ways of bargaining and barter was very difficult and was impossible for some people to do since they didn’t have as much as others. As you can see, the Lydians have created a much easier system for humans to buy things. That system plays an important role in society today, and is used by all economies worldwide.
 * 1) 2 Marina manojlovic

The pampas grasslands of south america is also a land of economic abundance. Their exports include bread, alcohol, grains, hides and skin, corn, flaxseed, beef and wool. They are the major grain suppliers to europe. Their value increases nearly 1.7% every year, and they experience steady growth due to their constant reliable weather conditions which are both docile and predictable. The Pampas grasslands are responsible for all that which the european economy is based on. The american great plains have a steady flow of exports that virtually are the single steady support system of their country. They export grains, corn, alcohol, bread, hides and skins, wool, plastics, and different types of glue. Their resources are constant because the weather system that moves through the plains is reliably consistent, which allows for planning for farmers. These products are also in high demand because grains are the cornerstone of society. This allows America to control the grain market.
 * 1) 3 Exports olivia Stephens

Shoshimi is a country of Economic independence. It is also considered an economic powerhouse. It produces many exports that provide sustenance and comfort to many other countries across the globe. Shoshimi’s top five exports are corn, wheat, methane and methanol, beef, and skins. With these 5 important exports, other countries have become dependent upon Shoshimi for the fulfillment of many of their basic needs. This keeps the economy stable, and allows for prosperity. Our Country is a leader in the global economy because we hold the key to modern civilization. Grain. All other food products pale in comparison to grain. It is the Mecca of civilized culinary products. Corn is a grain. Corn is used in everything from ethanol to ice cream. Another grain is wheat. Wheat is in everything from bread to fried chicken. Without these two grains (our top two exports) the world may not be able to function. They wouldn’t have pasta, oatmeal, flour, ethanol, cake and the list goes on. As long as the human race depends on starch in their diet Shoshimi will continue to produce it. Our next three important exports all come from the same groups of Shoshimi’s citizens; cows and buffalo. From these mighty animals we glean their meat, their hides, and their methane. Beef is a staple for large nations because it is easy to ship, and tastes delicious. Once the other countries found out about this meat, they all abandoned their rock licking ways for a Shoshimian carnivorous lifestyle. The hides of the buffalo and cattle make wonderful leather that is either tough for tough jobs or soft for furniture and shoes depending on how the shoshimians treat the leather. Last of all, but most importantly, is methane and methanol. The dung of the cattle and buffalo is collected and processed so that the methane gas is harvested for use in powering homes and cooking food. The methanol that is extracted powers cars and large machinery. This export is highly valued because it burns cleanly, and is much more cost effective than oil.


 * 1) 4 Malea Moss


 * 1) 5 Kelsey terry

We put the trade capital, Ble, right next to the main prairie and the mountains. We selected that location because it was where our main export is which is, wheat. We are able to grow, harvest, and organize for trade much faster than we would be able to if we had placed it in any other place in our country. Being next to the mountains gives us protection from the country next to us in case of a war. The mountains give us time to move our armed forces to Ble to protect the city. It is placed not far from our military capital, Boving, which is located at the beginning of our harbor. This also is allows our in-ports to be checked by our military to make sure it is safe. Also if we were to be under attack we would be able to survive because the city is so far in-land and is protected by natural barriers.


 * 1) 6 Connor Holt


 * 1) 7 Collin Duntorn

The main factors of economic inequality are education, race, gender, culture, wealth condensation, development patterns, the labor market, and innate ability. Education is a main factor because those who have high education get better wages. Although, those who have a little amount of education get lower wages. Some people argue that they all difference in wealth. Wealth condensation is a process under certain conditions that newly created wealth concentrates on those who are already wealthy. Development patterns get argues that economic inequality is a large part that results in the stages of development. Some people think that countries with low levels have equal distributions of wealth. The labor market is the determination of ages by the market. It is also one of the major causes of economic inequalities. Innate ability might affect someone’s ability to operate with society, even with the labor market. The labor market suggests that the abilities are in high demand. Why does economic equality exist? It exists because of the unequal distribution of wealth. It could also form because of, what Jacob Hacker calls it, the increasing privatization of Risk. This is the increasing burden on many people to finance periods of insecurity and risks out of their pockets. The resources that some people have to fill in the gaps have become unequally distributed. As economic inequality rises, some Americans think it’s a good thing. Many countries deal with economic inequalities. How do they deal with it you may ask? Well, the government works with NGO`s to bring aid to these countries. They do this in order to decrease the human suffering. Doctors and nurses donate their time in these countries to help the people who are suffering. Some countries have a huge military, but the people living in those countries still continue to suffer without shelter and food. I guess there is no way to deal with economic inequalities, except to keep trying to help the people in need.
 * 1) 8 By: Sherlyn Norris

Our country Sho Shimi will be able to deal with economic inequality. Do you know why? We can deal with it because of the many opportunities we have. Also, we are high and mighty even though we are a small country. We have doctors and nurses that get paid, but are willing to help those in need. Our country forms a military servicer and we grow many plants we can use. We also have tons of animals. Such as pigs and turkeys. Don’t worry, though, there are many more animals in our small, but powerful country. How do we deal with the hardship in our country? Well first off, we are suffering from the loss of jobs and high taxes. Due to the high taxes, individuals won’t be able to get the amount of water and food they need. In our country, though, we never stop working hard and trying to gain the jobs we lose. There are many people who are willing to help those in need for less money. The high taxes people have to pay go to the government. Therefore, the government will make a plan of how to deal with these hardships and have less people to suffer.