Dow Down 416 Pts!

Stock markets of mainland China that raised questions about whether a larger market correction was in the offing. Stocks fell in most of Asia earlier Wednesday although the Shanghai Composite Index, whose nearly 9 percent drop set off the domino-effect selling, closed up nearly 4 percent. Stocks were also off in Europe, but the declines were milder than on Tuesday. Futures signaled a higher opening. Futures for the Dow Jones industrials, which fell more than 400 points Tuesday, were higher by 70 points, while Standard & Poor's 500 index futures were higher by 8.20 points. Nasdaq composite index futures were higher by 11.50 points.

Opprotunity Costs

Opportunity cost need not be assessed in monetary terms, but rather can be assessed in terms of anything that is of value to the person or persons doing the assessing. For example, a person who chooses to watch, or to record, a television program cannot watch any other at the same time. In any case, at the time the person chooses to watch a program, either live or on a recording, they cannot watch something else, and if they are not able to record another program showing at the same time, the opportunity to view it is lost. Or another example, someone having a video game can choose to watch a program or play the video game on the TV; they can't do both simultaneously. Whichever one they choose is a lost opportunity to experience the other.

Types of Economic System

There are 4 types of Economic Systems. The four types are Traditional Economies, Centrally Planned (Command) Economy, Market Economy and Mixed Economy. The Traditional Economies are economic systems which has strong social networks and is based on primitive methods and tools. In the majority of countries traditional economy has been replaced by command economy, market economy or mixed economy. Centrally Planned Economy is A planned economy also known as command economy and centrally-planned economy is an in economic system which the state or government controls the factors of production and makes all decisions about their use and about the distribution of incom. In a market economy businesses and consumers decide what they will produce and purchase, as opposed to a planned economy where the government decides what is to be produced and in what quantities. A mixed economy is an economy that has a mix of economic systems. The difference between communisim and socialism are communism

Stock Market Game-1- Initial Investment Strategy

I am still thinking what companies I want to invest in, so far I have chose to invest in BP Gasoline and Oil, Honda Motors and Nissan Motors. I will pick some more companies. Right now I am tryin to find companies that will last for the future in order to make my money grow.