Where might you take someone from China or Cuba to show them the differences between the economy in the US and their country?
I'd start with a large super market. Let them see the millions of products available to ordinary Americans.
Then, if s/he were here on an election day, I'd take them to a polling place. You could also take him/her to a local political party headquarters to watch the enthusiastic workers do the everyday tasks of running campaigns.
Drive on a busy expressway.
Drive around a city, showing not only the homes of the poor but the many homes of the middle class.
Visit a school to see active teachers and learners.
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You need to buy a new computer for your college classes. You go to Staples and pick out the computer best fits your needs, You have ways that you can finance your new computer. You can finance it through Staples at an interest rate of % compound interest for 3 years. How much interest would you pay on the bank loan? How much would your payment be on the bank loan
To show someone from China or Cuba the differences between their country's economy and the economy in the US, you could take them to a few different places. Here are some suggestions:
1. Stock Exchange: Visit a local stock exchange, such as the New York Stock Exchange (NYSE) or NASDAQ. Show them how the stock market functions and how it affects the overall economy. Explain the concept of publicly traded companies and the role of investors.
2. Shopping Centers: Take them to a variety of shopping centers, malls, or markets to showcase the abundance and variety of products available in the US. Highlight the consumer culture and the wide range of choices in industries like electronics, clothing, and food.
3. Small Businesses: Visit local small businesses, such as independent restaurants, shops, or service providers. Explain the entrepreneurial spirit and the ease of starting and running a small business in the US. Show them the diversity of businesses and the freedom to pursue one's own ideas.
4. Technology Hubs: If possible, take them to cities like San Francisco or Seattle, known for their technology hubs. Introduce them to startup companies, research centers, and innovation-driven environments to showcase the US's technological advancements and entrepreneurial ecosystem.
5. Corporate Headquarters: If there are any major corporations with headquarters nearby, take them on a tour. Explain how multinational companies operate and their significant influence on the US economy. Discuss the role of corporate governance and the hierarchy within large organizations.
6. Community Centers: Visit local community centers or non-profit organizations to emphasize the role of civil society and philanthropy in the US economy. Explain how these entities provide social services, address community needs, and contribute to the overall welfare of society.
During these visits, encourage open discussions and comparisons between their home country and the US. Listen to their perspectives and insights, fostering a greater understanding of the differences and similarities in economic systems.