{"id":19551,"date":"2024-04-05T04:18:03","date_gmt":"2024-04-05T04:18:03","guid":{"rendered":"https:\/\/www.writemyessays.app\/blog\/questions\/course-title-the-digital-economy-competency-assessment-title-impact-of-economic-events-and-economic-concentration\/"},"modified":"2024-04-05T04:18:03","modified_gmt":"2024-04-05T04:18:03","slug":"course-title-the-digital-economy-competency-assessment-title-impact-of-economic-events-and-economic-concentration","status":"publish","type":"questions","link":"https:\/\/www.writemyessays.app\/blog\/questions\/course-title-the-digital-economy-competency-assessment-title-impact-of-economic-events-and-economic-concentration\/","title":{"rendered":"Course Title: The Digital Economy Competency Assessment Title: Impact of Economic Events and Economic Concentration"},"content":{"rendered":"

Assignment Directions<\/b> <\/h3>\n
To complete this assessment, you will create a two-part report. In Part 1, you will analyze how two major economic events influenced
\nsupply, demand, and economic equilibrium in the U.S. In Part 2, you will evaluate economists\u2019 assessments of the role the four factors of production
\nplayed in determining how the economic concentration you selected has evolved.<\/div>\n

<\/span><\/div>\n
 Imagine that you are a business consultant tasked with sharing the concepts below with a team of interns who will be supporting the research
\naspects tied to a new initiative requiring knowledge about economic influence and economic concentration. Using charts and tables to
\nillustrate data is highly encouraged to help the interns connect the dots.<\/span><\/div>\n
<\/div>\n
 Create<\/b> a report incorporating the (attached <\/span>Competency 1 Assessment Worksheet.docx. <\/span>Here is a sample for filling in the Competency 1 Assessment Word template.<\/span><\/div>\n
Competency 1 Assessment Worksheet Instructor Sample Starter.docx<\/span><\/div>\n
\n
\n
\n
\n
\n
<\/span><\/span><\/div>\n
<\/div>\n
\n
<\/div>\n

<\/span><\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n<\/div>\n

The instructor filled in the first part of the assessment so you could see what using your own words looks like. In your assessment, you can use the instructor’s sample in your submission for part 1 or do your own thing.)<\/span><\/p>\n


<\/span><\/p>\n

Part 1: Economic Events & Activity Analysis <\/b><\/p>\n


<\/b><\/p>\n

Review<\/b> the Competency 1 Resources: Economic Fundamentals. <\/p>\n

<\/p>\n

Write<\/b> a 500- to 750-word analysis (Part 1 of your report) assessing how 2 of the following major economic events influenced supply, demand, and
\neconomic equilibrium in U.S. economic activity: <\/p>\n

\u2022 Rapid price increases, such as those caused by the 1973 oil embargo or the aftermath of a major hurricane <\/p>\n

\u2022 Dramatic employment drops, such as the combined impact of the 2006 housing bubble burst and the subsequent Great Recession<\/p>\n

 \u2022 Crippling interest rates imposed by the Federal Reserve, such as those during the 1975\u20131985 time period<\/p>\n

 \u2022 Collapse of the Soviet Union in 1991 and the end of the Cold War and the \u201cpeace dividend\u201d<\/p>\n

 \u2022 The dot-com bubble from 1994 to 2000, and the subsequent dot-com crash
<\/span><\/p>\n

<\/p>\n

Part 2: Economic Concentration Evaluation<\/b> <\/p>\n

<\/p>\n

Review<\/b> the Competency 1 Resources: Factors of Production & Economic Concentration. <\/p>\n

<\/p>\n

Select<\/b> 1 of the economic concentrations (clusters) below: <\/p>\n

\u2022 Seattle-Tacoma-Olympia, WA aerospace \/ defense industry <\/p>\n

\u2022 Central California winemaking industry<\/p>\n

 \u2022 Hollywood movie industry<\/p>\n

 \u2022 Silicon Valley Technology hub <\/p>\n

\u2022 Texas \/ Louisiana Gulf Coast crude oil and natural gas production and refining<\/p>\n

 \u2022 Pre-1994 vs Post-1994 US auto and light truck production and the reasons for the change in economic concentration<\/p>\n

<\/p>\n

Write<\/b> a 700- to 1,050-word evaluation (Part 2 of your report) of economists\u2019 assessments of the role the 4 factors of production played in
\ndetermining how the economic concentration you selected has evolved. Complete the following in your evaluation:<\/p>\n

 \u2022 Analyze how the economic concentration in the area you chose was influenced by competition and pricing. <\/p>\n

\u2022 Analyze how the economic concentration in the area you chose influenced the supply chain. <\/p>\n

\u2022 Analyze which of the 4 factors of production were the most and least important in determining the economic concentration of the area you
\nchose. <\/p>\n

\u2022 Predict changes you anticipate for the area of economic concentration you chose. Support your predictions.<\/p>\n

<\/p>\n

 Consider<\/b> the resources provided and other academically appropriate sources. <\/p>\n

<\/p>\n

Compile<\/b> Parts 1 and 2 into one report. <\/p>\n

<\/p>\n

Cite<\/b> at least 2 academically credible sources for each part. The use of charts and tables to illustrate data is highly encouraged.<\/p>\n

<\/p>\n

 Submit<\/b> your report.<\/p>\n","protected":false},"excerpt":{"rendered":"

Assignment Directions  To complete this assessment, you will create a two-part report. In Part 1, you will analyze how two major economic events influenced supply, demand, and economic equilibrium in the U.S. In Part 2, you will evaluate economists\u2019 assessments of the role the four factors of production played in determining how the economic concentration […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","template":"","meta":[],"disciplines":[],"paper_types":[],"tagged":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/19551"}],"collection":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions"}],"about":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/types\/questions"}],"author":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/comments?post=19551"}],"version-history":[{"count":0,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/questions\/19551\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/media?parent=19551"}],"wp:term":[{"taxonomy":"disciplines","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/disciplines?post=19551"},{"taxonomy":"paper_types","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/paper_types?post=19551"},{"taxonomy":"tagged","embeddable":true,"href":"https:\/\/www.writemyessays.app\/blog\/wp-json\/wp\/v2\/tagged?post=19551"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}