Summative Entry One

1. Find an article from September 2022 onwards

2. The article must relate to one of the following areas:

a. Scarcity
b. Opportunity Cost
c. Resources
d. Production
e. Efficiency/ Effectiveness
f. Decision Making
g. Three Economies
h. Politics
i. Big/ Small Business
j. Governments
k. Types of Business

3. Once you have found your article, summarize it and determine the four key terms
that relate to our course (found in the “Key Terms” sheet for chapter 1))
- The summary could include:
o What the article is about?
o Who is involved?
o Where did it happen?
o When did it happen?
o How the economy is impacted?
Rubric

Summarize the main point(s) of the article. Be sure to include enough to show
Summary that there is economics here worth considering.
Name:
Content /2 Conveyed the article? Nah … 0 pts, sort of … 1 pt or definitely … 2 pts
Economic Issues /2 Is there something here worth discussing?
Brevity /2 6-7 lines max.
Clarity /2 Does your editor understand what you are trying to say? Will everyone?
Name, date, title of article, Entry #, correct sub-
Format /2 headings, source and date of publication
Total /10
 ***Sample Analysis***

Your Name Article Title (Include a hyperlink to article)

Today’s Date Date Published
Source

Entry #1
Summary
During the recent United States political campaign, potential Democratic candidate running for
president, Elizabeth Warren, proposed a wealth tax. The proposal imposes a 2% annual tax on
households with a net worth above $50 million and a 3% annual tax on households with a net worth
above $1 billion, to decrease wealth inequality. This editorial cartoon shows how the top 1% of
households are not content with this tax, as it tries to distribute wealth and remove the drastic wealth
difference between the top 1% and the lowest 99% of households.