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Reflection on the 4 Companies Exercise.
Each company was allocated a specific amount of start-up money with which they could buy supplies in order to complete a design task. In the first two rounds, companies1 and 2 were allocated less start-up money, whereas companies 3 and 4 had more start-up money.
What were the general outcomes of each of the two rounds?
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I was in Company........ How did this affect your ability to complete the design task?
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How did this affect your ability to work well as a group?
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Now compare your team with a group in the opposite position (if you had little start-up money, compare how teams with lots of start-up money performed). How do you think the other teams felt, and why?
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Did you notice if their different situation affected how they completed the task, compared to you?
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Did you notice if their different situation affected how they worked as a group, compared to you?
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The way the companies were organised in the first two rounds are loosely based around the idea of capitalism.
Define capitalism, and explain how the first two rounds reflected the basic ideas of capitalism.
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What are the advantages and disadvantages of capitalism?
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In round 3, a new Government came to power and made sweeping changes. The two poorest companies received a significant financial support, which was paid for by taxing the two richest companies 50% of their money.
What was the general outcome of the final round?
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If you were 1 of the 2 companies who had little start-up money, how did/would you feel about the final round, and why?
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How did this impact your ability to complete the design task?
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How did this impact your ability to work efficiently and effectively together?
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If you were one of the 2 companies who originally had lots of start-up money, how did/would you feel about the final round, and why?
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How did this impact your ability to complete the design task?
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How did this impact your ability to work efficiently and effectively together?
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The way the companies were organised in the final round is loosely based around the idea of socialism.
Define socialism, and explain how the final round reflected the basic ideas of socialism.
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What are the advantages and disadvantages of socialism?
|Advantages |Disadvantages |
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Which is better to have, do you feel? Is life lived according to capitalist principles better than life lived to socialist principles? Which do we have currently in our society and is this the best choice, in your opinion?
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