Based on 4 main video from this link: Planet Money Makes A T-Shirt

1. How much cotton does Bowen Flowers' farm produce in a year? How do you think that compares to cotton production 20 years ago?

2. Identify examples of the 4 factors of production from the "Cotton" video segment. [ land, labor, capital, entrepreneur]

3. How many workers do you see in the "Machines" video segment? ANDWhat does this mean for employment?ANDWhat does this mean for the cost of the product?

4. Compare the wages and conditions of workers in the garment industry in Bangladesh to those in Columbia. Why do you think these differences exist?

5. what, if any, obligation consumers in developed countries (like the U.S.) have to workers in developing countries (like Colombia and Bangladesh).ANDHow can consumers act on those obligations?

6.Given a brief description of the role of shipping in the process of making and distributing goods. What does this mean for consumers?

7.Lesson 6 in the article says that it's "literally impossible for one country to monopolize the production of all goods and services." Analyze this statement in terms of the garment industryAND include the impact that globalization has on international trade.

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1 How much cotton does Bowen Flowers farm produce in a year How do you think that compares to cotton production 20 years ago Bowen Flowers farm produces a certain amount of cotton in a year which coul... View the full answer