Name
Date
Class
Instructor
STUDENT ACTIVITY
Chapter 2
Internet Extension
Government Industry
EXPLORE
DIRECTIONS
Very few countries have a pure market or a
pure command economy. Most nations with a
market economy have some government-owned
businesses. Most nations with a command economy
allow some free enterprise. In this exercise, you’ll
look at the economy of a country and determine
whether it’s primarily a market or a command
economy.
Complete the following worksheet by using
the Internet to research the economy of a country
other than the United States.
Keywords:
Web Sites:
NET RESULTS
1. Name of Country
Researched
2. Web Site URL
Copyright © Glencoe/McGraw-Hill
Internet Resources
23
STUDENT ACTIVITY (continued)
Chapter 2
CRITICAL THINKING QUESTIONS
1. In the country you chose, what types of businesses are owned by the government? Why do
you think the government wants to control them?
2. What types of businesses are owned by private citizens? How are they different from those
the government owns?
3. Based on your research, would you say that this country has primarily a market economy or a
command economy? Explain your answer.
EXTENSION EXERCISE
Look at the businesses in your area. Which of them are government owned? What
do you think it would be like if a private company ran one of them? Share your findings
with the class.
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Internet Resources
Copyright © Glencoe/McGraw-Hill
The Internet is a dynamic and evolving medium.
Web sites are continually updated, added, moved,
and deleted. We have done our best to suggest stable
sites that complement the Introduction to Business
Internet activities. However, such integrity cannot be
guaranteed to last. Be sure to visit the sites before
assigning the activities to your class. If a site is no
longer available, the recommended keywords will
likely yield a suitable replacement.
CHAPTER 1—Two to Tango
Objective: This activity is designed for students
to explore the relationship between a company that
produces goods and a company that provides
a service.
Suggested Search Words: goods, services, service
industry, hospitals, pharmaceuticals
Suggested Web Sites: www.csmc.edu,
www.pfizer.com
Critical Thinking Questions:
1. Answers will vary depending on the students’
research.
2. Answers will vary depending on the industry the
student chose.
3. Answers will vary. A major factor will be whether
each type of business is local or national in scope.
For example, a local plumbing service probably
won’t make as much profit as a national plumbingsupply manufacturer.
4. Answers will vary, but should exhibit a basic
understanding of the field researched and the
relationship between goods and services. For
example, an auto-repair service will rely on auto
parts manufacturers for goods and might also use
the services of a receptionist or accountant.
Extension Exercise: This is an opportunity for students to learn how their parents’ work interconnects
with other fields.
CHAPTER 2—Government Industry
Objective: This purpose of this activity is to have students look at another nation’s economy and apply what
they’ve learned about market and command economies.
Copyright © Glencoe/McGraw-Hill
Internet
Activities Guide
Suggested Search Words: world trade, world facts,
encyclopedia
Suggested Web Sites: www.wto.org,
www.britannica.com
Critical Thinking Questions:
1. Answers will depend on the country researched.
A government is most likely to control businesses
that are vital to the nation’s economy or social
welfare.
2. Answers will depend on the country researched.
Private citizens usually own businesses that are not
vital to national interests or where individual
initiative is important.
3. Answers will vary depending on the country, but
should exhibit an understanding of the differences
between market and command economies.
Extension Exercise: This is an opportunity for
students to consider how government-run businesses
affect their community. Students should focus on a
specific government agency and how it might operate
differently if it was run for profit.
CHAPTER 3—The Game Business
Objective: This activity is designed to give students
an opportunity to research news coverage relating to
the shortage of Sony’s PlayStation® 2 upon its initial
U.S. release.
Suggested Search Words: Sony, PlayStation 2,
CNN, Reuters, Associated Press
Suggested Web Sites: www.cnn.com,
www.reuters.com, www.ap.org
Critical Thinking Questions:
1. Sony intended to ship 1 million units but only
shipped approximately 500,000 due to production
problems.
2. Answers will vary, but should mention retailers
selling units for well over list price because demand
exceeded supply, the inability of stores to keep the
Internet Resources
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