Order Number |
636738393092 |
Type of Project |
ESSAY |
Writer Level |
PHD VERIFIED |
Format |
APA |
Academic Sources |
10 |
Page Count |
3-12 PAGES |
I’m working on a sociology multi-part question and need an explanation and answer to help me learn.
Three economists walk into a bar and have the following argument:
Economist A : “We need to return to the gold standard and limit our money supply to match gold reserves, this will guard against inflation!”
Economist B: “We should keep fiat currency and fractional reserve banking as is, this will help our economy grow!”
Economist C: “We should abandon government-based currencies all together for decentralized crypto-currencies, this will democratize money!”
Response Prompt
Answer each question below in many words as you need. No outside sources or quotes or citations. Stick to the prompt above and answer each question below.
1: Let’s make sure we have a grasp on a few key terms. First, in your own words define: fractional reserve banking, fiat money, and block chain
2: Which expert is right when the entire concept of money is socially constructed? Each choice will have a set of social repercussions, both pro and con. Which one would you side with and why? (or write in your own answer as “Economist D” if you propose an alternative to these three)
3: What do you think the role of crypto-currency will be in 10 years? What impact will it have on fiat money? Why?
RUBRIC | |||
Excellent Quality
95-100%
|
Introduction
45-41 points The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed. |
Literature Support
91-84 points The context and relevance of the issue, as well as a clear description of the study aim, are presented. The history of searches is discussed. |
Methodology
58-53 points With titles for each slide as well as bulleted sections to group relevant information as required, the content is well-organized. Excellent use of typeface, color, images, effects, and so on to improve readability and presenting content. The minimum length criterion of 10 slides/pages is reached. |
Average Score
50-85% |
40-38 points
More depth/information is required for the context and importance, otherwise the study detail will be unclear. There is no search history information supplied. |
83-76 points
There is a review of important theoretical literature, however there is limited integration of research into problem-related ideas. The review is just partly focused and arranged. There is research that both supports and opposes. A summary of the material given is provided. The conclusion may or may not include a biblical integration. |
52-49 points
The content is somewhat ordered, but there is no discernible organization. The use of typeface, color, graphics, effects, and so on may sometimes distract from the presenting substance. It is possible that the length criteria will not be reached. |
Poor Quality
0-45% |
37-1 points
The context and/or importance are lacking. There is no search history information supplied. |
75-1 points
There has been an examination of relevant theoretical literature, but still no research concerning problem-related concepts has been synthesized. The review is just somewhat focused and organized. The provided overview of content does not include any supporting or opposing research. The conclusion has no scriptural references. |
48-1 points
There is no logical or apparent organizational structure. There is no discernible logical sequence. The use of typeface, color, graphics, effects, and so on often detracts from the presenting substance. It is possible that the length criteria will not be reached. |
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