Tuesday, April 22, 2014

Earth Day!

Question 1: What does it mean to you to shop locally?
Question 2:  Looking at the image above, what are some of the primary reasons it benefits your local communities economy to shop at locally owned and run businesses?  Give specific examples from the chart that highlight how much of your money stays nearby, where your money goes, etc.
Question 3:  Although it is not specified in the image (and, of course, because today is earth day) what do you see as the environmental benefits of shopping at locally owned and operated businesses? You can take a second to do a quick online Google search for an answer ... you'll find plenty of sites with ideas! 

Remember, your response to each question should be 3-4 sentences ... yes, a little bit longer of a blog post but a good opportunity to do some critical thinking about economics and the environment on earth day!

1 Shopping locally means shopping near where I live or where I am like a supermarket or when I go shopping for clothes also means whenever I can go walking there like a couple blocks from my house. That is what I think is what is locally to you.

It better because people stay there and they shop a lot it's close and it isn't too far where if we don't shop local that's a lot of work driving or walking you waste to much gas. Also when you needed to shop for food people aren't going to want to drive far all the time. That is what I think that picture stays and means.

Several studies have shown that when you buy from an independent, locally owned business, rather than a nationally owned businesses, significantly more of your money is used to make purchases from other local businesses, service providers and farms -- continuing to strengthen the economic base of the community. Locally owned businesses can make more local purchases requiring less 
transportation and generally set up shop in town or city centers as opposed to developing on the fringe. This generally means contributing less to sprawl, congestion, habitat loss and pollution.A growing body of economic research shows that in an increasingly homogenized world, entrepreneurs and skilled workers are more likely to invest and settle in communities that preserve their one-of-a-kind businesses and distinctive character

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