KFC 3/19/14

What is a monopoly? Are monopolies good or bad? How does this relate to government regulation of business?

ARTICLE OF THE WEEK

Mr. DeGrazia

12th Grade World Lit.

Silent Reading

Before we begin analyzing this article, we are going to take 10 minutes to read through it individually.

The article can be found at:http://www.kellygallagher.org/resources/

AoW%201314_25%20Heroin.pdf

Partner Work

With a partner, read through this article again.

As you read, you have two tasks:Underline any words or phrases you are

unfamiliar with, andNext to each paragraph, write a brief, one

sentence summary.

Reflection

In paragraph 4, what do you think Crawford means when she says that “… huge telecommunication companies… divided up markets…”?

Reflection

In paragraph 6, Crawford says, “We deregulated high speed internet access 10 years ago…” What does deregulation mean? What sorts of regulations do you think were on high speed internet access before?

Reflection

According to the text, what are the “… high barriers to entry…” that keep new competitors from coming into the high speed internet market?

Reflection - Writing

What evidence does this article give to support its assertion that more regulation in the high speed internet market will actually lower prices and improve speeds?

Why do you think they say this idea may be “… alien to free market idealogues…”?

Reflection – Written Response

In what other types of products or services do you see monopolies? Do you think monopolies are good or bad for our economy? Do you think the government should regulate these goods or services?