PHI THETA KAPPA International Honor Society of the Two Year College

2008-2010 Honors Study Topic: The Paradox of Affluence: Choices, Challenges, and Consequences

The Paradox of Affluence: Choices, Challenges, and Consequences

Issue Five: Contemporary Examples

Study Questions

admin • March 23rd, 2006 • Issue Five: Contemporary Examples

Gold
1. What is a cartel?  Why is the Medellin cartel, which controls the world’s production of cocaine, more powerful than OPEC in maintaining the price of its product?
2. How do a few companies that control a large percentage of an industry positively or negatively affect the consumer? 
3. When a company such as Wal-Mart exerts power in the marketplace, [...]



Bibliography

admin • March 23rd, 2006 • Issue Five: Contemporary Examples

Carey, John, ed. Eyewitness to History. Reprint ed. 1997. Enables the reader to experience the manifestations of power across time and space through the first-hand accounts of contemporaries.
Friedman, Thomas L. The World Is Flat: A Brief History of the Twenty-First Century. 2005. Explores how the world has “flattened” in the beginning of the 21st century [...]



Project Ideas

admin • March 23rd, 2006 • Issue Five: Contemporary Examples

Work with National Honor Society students to research the impact of Wal-Mart on the local economy. Have the students debate the validity of the statement, “Wal-Mart is good for the local economy.” If your community does not have a Wal-Mart, choose another conglomerate that is not locally based.
Organize a delegation and apply to represent a [...]