Market Structures III.

We will be using Cornell Note Taking Format Today! Relax and enjoy the ride in Econ. Class! Don’t be a victim….. Own the day!

Unit Three: Learning Objectives: North Clackamas School District Social Studies Priority Standards: Econ 51 (B): Define economic terms and identify examples of them in a current economy.

Go directly to your notes. Do not pass go. Do not collect $200!:

Market Structures III.

Market Structures [How many sellers in each industry]

Where ’s the beef?Where ’s the beef? Wendy’sWendy’s Make a run for the border.Make a run for the border. Taco BellTaco Bell M ilk chocolate melt’s in your mouth, not in your handsM ilk chocolate melt’s in your mouth, not in your hands M&M’sM&M’s You think this is wrong. It is a little gift from mother nature.You think this is wrong. It is a little gift from mother nature. Boost MobileBoost Mobile Good times, great tasteGood times, great taste McDonald’sMcDonald’s Give us a week, we’ll take off the weight.Give us a week, we’ll take off the weight. Slim FastSlim Fast [2-foot long underarm hair, flowing in the wind]

“Necessity is the mother of invention” Plato

Write this quote down in your notes! What does this saying mean? Discuss in your group. Come up with two examples from history in your group (There are thousands, millions!) Each group will share out.

Five main causes for industrial growth during the second half of the 1800s

5 Railroads

4 Inventions

3 Natural Resources

2 Human labor and talent

1 Capital

Tall Tower Exhibition Materials -2 sheets of paper -1 pair of scissors -10 inches of masking tape -5/6 inventors in a group -10 minutes to work Who can design and construct the tallest tower? Tower must be free- standing…

1866 – Alfred Nobel createsdynamite 1876 – Alexander GrahamBell invents the telephone 1877 – Felix Hoffmanproduces aspirin 1879 – Thomas Edisonmakes the first incandescentlight bulb 1885 – John S. Pembertonintroduces a new drink:Coca-Cola Prominent Inventions from – Granville T. Woodscreated a telegraph to workon trains

1903 – Wilbur and OrvilleWright build first airplane 1905 – Albert Einsteinintroduces E=mc 2 theory 1895 – Wilhelm Roentgendiscovers x-rays 1900 – Ferdinand Zeppelinintroduces the zeppelin Prominent Inventions from Philadelphia Exhibition

Some inventions look good on the drawing board and in theory!

and not so good in practice ….. Back to Timeline

Nikola Tesla Some are quite shocking Indeed!

What are these inventions which have shaped American life?

Polaroid’s camera patent $910 mil prevailed and won $910 mil. [Sought $12 bil.] Polaroid had accused Kodak of infringing on 10 instant photo patents 10 instant photo patents and 14 years it took 14 years to make it to the Supreme Court. Because of the digital revolution Polaroid filed for bankruptcy. Kodak Instamatic Polaroid Instamatic

1.5,896IBM 2.4,551Samsung 3.3,094 Microsoft 4.2,252 Cannon 5.2,482 Panasonic 6.2,246 Toshiba 7.2,150 Sony 8.1,653 Intel 9.1,490 LG Electronics 10.1,480 Hewlett-Packard [H-P] PatentsCompany

Drox New 2-wheeled shoes for beginners[HX2].

6. Marilyn Monroe $15 7. John Lennon $12 8. Albert Einstein $10 9. Bettie Page $ Steve McQueen $9 [forbes.com/deadcelebs] Among entertainers “still breathing”, Madonna made the most at $150 M.

EXCEEDING 5 PROFICIENT 4 PROGRESSING 3.5 EMERGING 3 All questions (1-8) answered completely. Detailed responses in complete sentences (typed or ink) “Final Draft” quality. “Future Thomas Edison” All questions (1-8) answered completely. Responses in complete sentences (typed or ink) “Final Draft” quality. “Future winner on Shark Tank” All questions (1-8) answered completely. Responses in complete sentences. “Rough Draft Quality” All questions (1-8) answered cy. Responses may not br in complete sentences. “Rough Draft Quality”

“Live as if you were to die tomorrow. Learn as if you were to live forever.” - Gandhi Please Work on Your “Invention Brainstorm” Assignment It is a “Summative” Assignment” (30 Points) Due: AT The End of Next Class

The End