Is your country successful?

Your to-do list

• Please take the Economic Data on your European country from the last class.
• Check out what the video from the last class.

_________________________________________________________________________________

Let's learn a little more about the data that you gathered, specifically from the Index of Economic Freedom. Here are some explanations of what each category measures.

• Property Rights: How easy is it for individuals to accumulate private property? Are there private property laws that are enforced by the government?
• Freedom from Corruption: How much economic freedom is lost due to corruption within the country? How much is the economy abused by corruption?
• Business Freedom: How easy is it to start, operate, and close a business? Does the government get in the way due to corruption or over-regulation?
• Labor Freedom: Does a country have a minimum wage, laws preventing layoffs, and laws governing hiring and hours?
• Monetary Freedom: How stable are the prices? How much does the government intervene in the economy to keep it stable? Stable prices with a minimum of government intervention is the goal.
• Government Spending: How much of a country's GDP is composed of government spending?
• Fiscal Freedom: How much are the people taxed by the government?
• Trade Freedom: How easy is it to import and export goods?
• Investment Freedom: How easy is it for people to shift investments both within and outside their country?
• Financial Freedom: How independent is the banking system from the government?

Homework: Where would you live? Europe Economics Version Click here to access the United 

States' data to compare your country to.

_________________________________________________________________________________

If you were going to send a foreigner to places in the United States to learn about our country's culture, where would you send them? Post your answers here.

Let's start your European Cultural Landmarks Project.

HW for your project: Find an image of a map of your country that you can use for your Thinglink.