Economics in marketing is a State-Level DECA Event. Each year there is a new topic and the 2009 topic is as follows:
One of the foundations of a Free Enterprise System is little or no government involvement in the marketplace. Over the past 12 months we have seen the government spend almost 1 trillion dollars to bail-out investment companies and mortgage lenders. More recently the government approved the purchase of numerous banks across the country to keep them from failing. Through all of these actions the government has essentially taken ownership of many private industries that have always been left to function as the market seems fit... some will fail and some will succeed. What impact will such government ownership and involvement have on our Free Enterprise System? You may want to consider both short and long-term impacts on our economy when answering this question.
Assignment: You are to post a response on YOUR blog to this topic based on what you feel the economic impact will be. Please title the post Economics in Marketing Response. Then, you are to post a reply to a classmate's response on THEIR blog page.
Enjoy!
Subscribe to:
Post Comments (Atom)
4 comments:
Wow. I think Economics in Marketing is a really interesting event!
I never realized how much Marketing and Economics intertwined!
HOLY COW
Tiffany, when you look at all of the fields that would fall under Business & Marketing, the underlying discipline that connects them all is ECONOMICS. That's a great observation!
Post a Comment