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  1. 1. <ul><li>None! Fresh slate! </li></ul>Reminders
  2. 2. <ul><li>Finish Capitalism: A Love Story </li></ul><ul><li>Discuss upcoming debate - where in the house? </li></ul><ul><li>4th Quarter Progress Reports </li></ul><ul><ul><li>4 grades (poker survey, poker analogy, Video viewing guide, Vodcast) </li></ul></ul><ul><li>Discuss Poker Analogy & Grade </li></ul><ul><ul><li>You will grade a classmate’s paper </li></ul></ul><ul><li>Grade the Viewing Guide </li></ul><ul><ul><li>Grade your own based on attention, effort & quality of questions </li></ul></ul><ul><li>Submit Vodcast Assignment </li></ul>Agenda
  3. 3. Govt. Role in the economy Less Involvement More Involvement Laissez-Faire Capitalism Power in Government The People The Elite
  4. 4. Save and Upload Your Vodcast <ul><li>In iMovie, click ‘share,’ then ‘export’. </li></ul><ul><li>Choose ‘mobile’ and save to your desktop. </li></ul><ul><li>Go to the assignment on edu.20 and click ‘prepare answer’ </li></ul><ul><li>In the editor you will see a paperclip icon. Click this icon and then browse to your video file (it should end in .mp4v) </li></ul><ul><li>Click ‘OK’ and wait for the file to upload </li></ul><ul><li>Click ‘Save and Submit for Grading’ </li></ul>
  5. 6. Distribution of Wealth <ul><li>In the United States, wealth is highly concentrated in a relatively few hands. As of 2007, the top 1% of households (the upper class) owned 34.6% of all privately held wealth, and the next 19% (the managerial, professional, and small business stratum) had 50.5%, which means that just 20% of the people owned a remarkable 85%, leaving only 15% of the wealth for the bottom 80% (wage and salary workers). In terms of financial wealth (total net worth minus the value of one's home), the top 1% of households had an even greater share: 42.7%. </li></ul>