Option 1: What’s the true cost of a commodity? What was the last…

Question Answered step-by-step Option 1: What’s the true cost of a commodity? What was the last… Option 1: What’s the true cost of a commodity?What was the last item that you purchased? Spend a little time doing some research, first on its cultural value, then on this commodity’s economic value. Post a description of your item (include a picture if desired), and discuss your findings. Use the following questions to help guide your research. What do people like about it?Does it make life (or some key part of daily life) better/easier for people? If so, how?What does owning this item say about a person’s status or wealth?What’s the true cost to produce this item (include externalized costs such as environmental contamination)?How much are people paid to create and produce this item vs. its surplus value?Think about the various economists and social theorists whose perspectives we heard in the textbook. What would they say about the value of the item you selected? Option 2: What are the effects of global inequality? Examine the items you own, and consider your role in the global economy. Read the the following questions, and post your thoughts on them in the discussion below. As we learned in Chapter 10, 40 percent of the world’s population lives on just $2 a day. Could you live on $2 a day? Could you do it for one day? for a week? for a month? Why, or why not?Many of the goods sold in the United States are manufactured overseas to take advantage of cheap labor and to provide a cheaper product to the American consumer. What is your personal connection to global inequality? Do you own a cell phone? Where was it made? What about your computer? Or your clothes? Do you think it is fair for you to benefit from the labors of others? Why, or why not? Social Science Anthropology ANTH G100 Share QuestionEmailCopy link Comments (0)