TODAY: Roses and Thorns, Quick Writes (The Invisible Hand), Comparative Advantage Interactive Presentation, Homework

QuickWrite: Turn to page 35 in your book and read "The Invisible Hand of Markets." What is "The Invisible Hand" and  why did Adam Smith call it "Invisible"?

While watching "The Invisible Hand" video keep the following questions in mind and write the answer in your notebook.

Why are the benefits of "The Invisible Hand" not dependent on the motives of people buying, selling, and trading?

What questions do you have about "The Invisible Hand"?

HOMEWORK:  (Due Oct 14th/15th) Answer the "Checkpoint" questions in Ch. 18 sections one and two. These are on pages 544, 546, 547, 551, and 553. Be sure you use all the Key Terms on pages 543 and 549. ALSO keep in mind the video competition theme "Markets Promote Peace" and write at least two ideas about how the ideas in these sections might influence this idea.