1.Story of Stuff
¢Explain:
- externalized costs,
- ¢Third world country
- ¢planned obsolescence,
- ¢perceived obsolescence
¢See p. 15; Draw the Circular Flow of Economic Activity in the textbook model;
¢HW: Read p. 19-20 Explain trade offs; opportunity cost; answer question 1.5, on comic and picture on 22; 1.6; q 2-5
¢Using the Summary; Review the facts 1-10
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