Tuesday, November 22, 2016

Nick Elnasser 11/22/16

Our group did achieve success in today's class even though we did not win the activity because we were close to finishing and we made many trades to accommodate for the lack of resources we had.

We achieved success by making lots of trades to get everything we needed. We needed a lot more paper than we had and we also needed a ruler to measure our paper. We also had a lot of paper clips in which we did not need all of them. We decided that we would trade some of those paperclips for the correct paper we needed. After that we needed a ruler so we traded for a ruler with our excess paper. We had everything we needed to win the competition but we were held up by other groups trying to steal our ruler because we did not want to trade it. We had agreed to let Sean borrow our ruler however he traded it to a different group when we came back to get it. Sean was a convicted thief and he was sent to jail and we received our ruler back. After this it was smooth sailing to attempt to finish our construction but we did not finish in time due to that hold up.

Our experiment reveals that if you work hard you will be successful in Capitalism even if you started with things that you don't need in the end. What matters the most is your ability to communicate and be persistent in what you desire. For example, our group was able to negotiate with the other groups to get all the resources we needed and if one group didn't want to negotiate we would go on to the next one which is the persistent aspect. If our group hadn't communicated we would have got nowhere with this activity because we were not given all the resources we needed. Since our group worked hard we got close to completing the task and the same thing is the case with Capitalism.

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