Political Cartoon

The main visual elements of this political cartoon is the large man wearing a sash across his chest saying capitalism and the scrawny boy wearing a tag saying child labor. In the background there are large sacks of money with labels that say profits from child labor. I believe the main issue of the piece is capitalism and how it is using child labor for production. I think the cartoonist’s opinion on the piece is that it is disgraceful that children are being used to produce more goods just so people can become wealthier. I think the cartoonist tries to displace this by having the large man who represents capitalism who seems slightly out of control shaking out every last penny from the boy as if he is nothing better than dirt. Also with the echo of the bags of money I think he is trying to say we already have plenty do we need more. I think to make this more effective he could have had the large man beating the boy with a large grin on his face or something that represents the issue more blatantly.

Goals!

I do not feel that I have fully meet my two goals that I set for myself at the beginning of the year. Though I do feel that I have achieved part of my goal for my improvement in grammar and spelling in my writing pieces as I have taken time with my pieces to proof read them aloud and to try and listen for any grammatical errors. While I used to only skim read my piece after completion and miss spelling mistakes and fragments and comma splices ect.. I don't feel I have progressed with my geography largely because I have not been having to work with it on a day to day base allowing me to become lazy and unfocused with its completion.

1870 Stock Market

The stock market game was an interesting insigt into the way the stock market operated with out the pressure of actually investing. It allowed me to understand in more depth how investers entrepenurs had to be careful where they invested there money and that it was wise to do background reaserch about the bussiness in our case read the news flashes to try and understand the way the market was moving. It was important to do this so you could invest in bussiness when the market was in a bust or an economic decline and the stocks were cheaper an then sell the stocks when the bussiness was in a boom or an economic growth and the shares where worth more so you earnt a profit which was able to be re - invested which is an example of capital. This whole paragraph could be summerised in four wise words buy low - sell high.

Net Effect

The positive and negative reactions that the industrial revolution had on the economy where when a machine was invented and it created new job opportunities for people and made the production of a product more efficient and as they were now able to be produced in a commodity it made the production cheaper allowing business to sell them more cheaply to consumers. The production of new machines allowed consumers to have more choice when buying products. The negative reactions the industrial revolution had on the economy was it put people producing cottage industries out of business. To earn a living people had to move to work in factories which made people work long hours in hard conditions for low pay. Another negative reaction of the industrial revolution it caused natural effects such as pollution as well as the large interest moving from agriculture production to industrial production.

Image from http://gdl.cdlr.strath.ac.uk/springburn/springwor/springworleg03.jpg