Discussion questions
Ricardian Theory
WHAT ARE THE ADVANTAGES OF USING CAPITAL IN THE PRODUCTION PROCESS?
WHAT IS MEANT BY THE TERM “DIVISION OF LABOR”?
WHAT ARE THE ADVANTAGES OF SPECIALIZATION IN THE USE OF HUMAN AND MATERIAL RESOURCES?
EXPLAIN WHY EXCHANGE IS THE NECESSARY CONSEQUENCE OF SPECIALIZATION.
ALL STUDENTS MUST PARTICIPATE TO THE DISCUSSION BOARD REPLY TO WEEKLY DISCUSSION AND REPLY TO AT LEAST ONE CLASSMATE FOR FULL CREDIT. FAILURE TO DO SO WILL AFFECT YOUR GRADE. ADD A NEW THREAD OF DISCUSSION ON THE BOARD. USE YOUR TEXTBOOK OR VIEW THE POWERPOINTS; WHILE PARTICIPATING IN THE THREAD OF DISCUSSION. THE DISCUSSION WILL COVER THE ESSENTIAL PART OF MATERIAL, FROM TEXT READING AND MUST BE A MINIMUM OF 200 WORDS REPLY TO CLASSMATES MUST BE 50 WORDS OR MORE TO RECEIVE FULL CREDIT 100%.DUE THURSDAY END OF DAY.
