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"Education is the most powerful weapon which you can use to change the world”
– Nelson Mandela

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Team-led Discussion

Team-led Discussion

Q Team-led Discussion Document Upload Please have one team member upload a copy of the Team-led discussion post to this link for grading by Sunday. Rubric Discussion Rubric: Team-Led Contributions Discussion Rubric: Team-Led Contributions Criteria Ratings Pts This criterion is linked to a Learning OutcomeTeam Analysis 5 pts Excellent The teams’s initial post advances learning by combining in-course material with outside, scholarly sources and personal experience. 4 pts Good The team’s initial post lacks full development of concepts or thoughts; advances learning through the inclusion of popular sources and/or personal experience. 3 pts Adequate The team’s initial post repeats but does not add substantive information to the discussion; does not include information from additional source material. 0 pts Poor The team’s initial post contains information that is off-topic, incorrect, or irrelevant to discussion. 5 pts This criterion is linked to a Learning OutcomeClarity, Mechanics, and Professionalism 5 pts Excellent Contributes to discussion with clear, concise comments formatted in an easy to read style that is free of grammatical or spelling errors; citations and references are properly formatted in current APA. 4 pts Good Contributes valuable information to discussion with minor clarity or mechanical errors; citations and references are present, but may not be properly formatted according to current APA. 2 pts Adequate Communicates in a friendly, courteous and helpful manner with some errors in clarity or mechanics. 0 pts Poor Posts content which is too long or too short, unprofessional or disrespectful, and which may contain multiple errors or may be otherwise inappropriate. 5 pts Total Points: 10 PreviousNext

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The same economic laws that apply in every other market apply just as much to the information economy. In general, most people are aware that information products such as movies, news, music, and software are the key drivers of economic growth in a modern economy. This leads to the assumption that the traditional laws of economics no longer apply, and a new set of laws and principles will be required to run a modern information economy. However, Shapiro and Varian argue that while technology differs, the economic laws and principles do not. What is needed is to apply the insights and lessons learned from the past in new circumstances and situations.