Today in class we watched a News In Review video regarding BlackBerry's (formerly RIM's) newest product, the BlackBerry 10. In this video we learned about the significant decrease in BlackBerry's worth over the years.
Just a few years ago, BlackBerry's stock worth was $150. This changed to $15 over the years. This hasn't stopped BlackBerry from trying to recapture their customer base with the BlackBerry 10. There are still customers that are interested in purchasing the BB10.
This means that BlackBerry may not be out of the smartphone game yet.
Wednesday, 8 May 2013
Monday, 6 May 2013
6: What Does Kenny Know About National Debt?
Kenny thinks that "national debt" is a country's government's debt that is owed to different countries across the globe.
For example...
America owes China $5 because America wanted to buy two chocolate bars from Kenny's Convenience Store. Since America didn't have $5, they borrowed $5 from China.
^ This is an extremely small example of what national debt actually entails.
What most people do not realize is that debt doesn't just mean paying someone back with money. Debt can also be paid back with services rather than currency. This is one of the reasons why so many companies can call on the government for favours because of debts the government owes.
For example...
America owes China $5 because America wanted to buy two chocolate bars from Kenny's Convenience Store. Since America didn't have $5, they borrowed $5 from China.
^ This is an extremely small example of what national debt actually entails.
What most people do not realize is that debt doesn't just mean paying someone back with money. Debt can also be paid back with services rather than currency. This is one of the reasons why so many companies can call on the government for favours because of debts the government owes.
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