1. Summary
The topic of the fourth week is the economy. The economy is a social science that analyzes the production, distribution and consumption of goods and services, and it is a very important factor in society. When the economy shows rapid growth, it is when the industrial structure changes from agriculture to production, and when the industrial structure changes from production to service industry, it shows somewhat slower economic growth.
2. What was interesting / What did you learn
The origin of compulsory education was interesting. It is surprising that the education system began to be established because the factory needed someone who could read. And I wondered if the prediction that China will soon surpass Britain was true. Surely this is true because China's technological prowess has improved greatly in recent years and its economic scale has grown significantly.
3. Discussion point
I would like to know how the distinction between core country, semi-periphery country and periphery country can be made. And I want to discuss whether trickle-down effect are realistic theories from an economics perspective.
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