Explain how the actions of the specific business and the government influences society?

Learning Activity #1
This week a point was made in the readings that business is about change. One significant change that has occurred in business is the legalization of marijuana. Once illegal, many states have legalized the use of marijuana. Below is a list of companies that sells marijuana.
Scotts Miracle-Gro Canopy Growth GW Pharmaceuticals Aphria MedReLeaf Insys Therapeutics Sprott CanniMed Therapeutics
Using your research and the course material to support the ideas and conclusions presented:
· Explain the relationship between business, government and society.
· Depict this relationship by researching one of the companies and explain how the business is regulated.
· Research how the federal government and state government regulates companies that produce marijuana products.
· Explain how the actions of the specific business and the government influences society?
Learning Activity #2
Review the table below. Items across the top row in purple represent economic topics, while items in the blocks below in black represent factors.
Complete the following tasks:
· Explain the difference between microeconomics and macroeconomics.
· Discuss each economic topic and identify whether the economic topic is relevant to microeconomics or macroeconomics and explain why.
· Select one factor from two of the economic topics and explain how the factor exemplifies the economic topic.
· Only respond to classmates who have chosen at least one different economic topic than what you presented.
· Use the course material to support the ideas presented. You are not using external source material to answer this learning activity.
Balance of Trade
Supply and Demand
Company Use of Scarce Resources
Employment
GDP Health Indicators
U.S. selling wheat to Australia
Selling human organs on the black market
Credit card interest rates
Aging population
Decrease in federal interest rates
Apple’s relationship with Foxcomm to produce iPhones
Workers not willing to work for minimum wage
Freezing weather in Florida
Health insurance
An upturn in the housing rate
Buying coffee
Gas prices when hurricane destroys several US offshore platforms
Blue crabs from the Chesapeake Bay
Wage stagnation
Mortgage interest rates
Self-Plagiarism: Self-plagiarism is the act of reusing significant, identical or nearly identical portions of one’s own work. You cannot re-use any portion of a paper or other graded work that was submitted to another class even if you are retaking this course. You also will not reuse any portion of previously submitted work in this class. A zero will be assigned to the assignment if self-plagiarized. Faculty do nothave the discretion to accept self-plagiarized work.

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