Global Economic Issues
Assignment #3
1. Economic definitions: Savings, Investment. Productivity.
Savings: money that is saved
Investment: an asset or item that is purchased with the hope that it will generate income or appreciate
in value at some point in the future
Productivity: the effectiveness of productive effort, especially in industry, as measured in terms of the
rate of output per unit of input.
2. For a small aborigine tribal unit of 20 people, consider a S.W.O. T. analysis----specifically the T (threat)
portion. What are several different types of threats the tribe must be aware of and for which it should
plan?
Strengths:
Well organized and equal distribution of the goods
Good communication/collaboration
Strong sense of belonging
Very productive and manageable
Weaknesses:
Exposure to danger
Disagreements/internal fights
Opportunities:
Create a community
Variety of crops
Use of natural resources
Threats:
Fire
Wild animals
Pandemic
Natural disasters
Diseases
External potential dangers
3. Look up the Four Horsemen of the Apocalypse on Wikipedia. What do they signify?.
