Economic Investigation
IntroductionEvaluation Conclusion Teacher Page
Adam Smith said, “Consumption is the sole end and purpose of production and the interest of the producer ought to be necessary for promoting that of the consumer.”
Group | Company | Discussion Format |
Group 1 | Monsanto | Symposium |
Group 2 | Enron | Congressional Hearing |
Group 3 | Exxon Mobile | International Trade Conference |
Group 4 | Brown and Williamson | Congressional Hearing |
Group 5 | Microsoft | Arbitration Meeting at the Appellate Court Level |
Group 6 | R.J. Reynolds | Congressional Hearing |
Task
The US Departments of Commerce and Justice have received
reports from labor groups, consumers, and various industries concerning
the extent to which the aforementioned companies trade and compete in the
marketplace both in the United States and abroad.Your task is to investigate
the accusations made against the company assigned to your group, identify
the issues, examine various perspectives involved, and report your findings
in the format explained below.
Process
The roles and responsibilities of the group members are
listed below. Each group member should assume the role and research the
issues from the perspective of one of the participants listed.The research
should be presented in two forms: an individual essay using the decision
making model and a group power point presentation using documents,
photographs, graphs, and statistical data.
The power point presentation should contain a minimum
of ten content slides, plus one introductory slide and one bibliography
slide.
Meeting | Roles | ||||
Symposium on the ramifications of using gene altered seeds(Monsanto) |
farmer using new gene altered seeds | CEO of chemical corporation | Undersecretary of US Department of Agriculture | Chairman of the Board of a major food company | Foreign ambassador of of US trade partner |
Congressional Hearing on scandal (Enron) |
Chairperson of Senate Investigation Committee | CEO of Accounting Firm involved(Enron) | Attorney for Corporation | A Representative of the Employees or the Labor Union leader | A Representative for the Stockholders |
International Trade Conference regarding environmental concerns for drilling for oil(Exxon Mobile) | CEO of Corporation | Local leader of town near drilling | Foreign Minister of Country (other than the USA) affected by drilling | CEO of Multinational
Corporation that is closest competitor to corporation |
Leader of an International Trade Organization |
Arbitration Meeting (Brown and Williamson)
(RJ Reynolds) |
Federal judge | Corporate Attorney | Attorney for the Justice Department | Leader of Consumer Advocate Organization | Attorney for competitor |
Arbitration Meeting prior toAnti-trust Case(Microsoft) | Federal judge | Corporate Attorney for Microsoft | Head of the Federal Trade Commision | Attorney for Consumer Advocate Group | Attorney for Competitor |
Resources
The following resoures may be used to compete
your webquest:
Evaluation
Click on the link below to access the rubric that will
be used to evaluate the completed tasks: rubric for
economic investigation
Conclusion
The goal of the webquest is to analyze several economic
principles and determine the relationship that exists in the market economy
among producers, consumers, the federal government and the foreign market.
Students will be exposed to a variety of resources and perspectives on
the issues involved in the economic investigation. Students will evaluate
the information gathered and present the finished product of their investigation
to the class.
Teacher
Page
The South Carolina Social Studies
Standards for Economics have been used in this webquest. http://www.myscschools.com