Self-Sufficiency Model
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Analyze the graph on the left.  Identify two arguments one could make based on this data to support the thesis that self-sufficiency does not work.
Explain why it is important for a country to increase it's GDP/person?
Analyze the graph on the right.  What general trend is occurring in the international economy?  Explain two technological innovations that have facilitated this trend.
Many economists believe that self-sufficiency doesn't work because under this model companies have little incentive to improve quality, reduce prices, or increase production.  As best you can, put this thesis into your own words.
Defenders of self-sufficiency claim that trade doesn't always work because countries that depend on selling low-cost manufactured goods have found that the world market for many products has declined and is unpredictable.  Paraphrase this important idea.
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This form was created inside of Brooklyn High School of the Arts.