1. What is your opinion of the topic of the video? Explain why!
I feel that this is a bad and good thing. The upper level goverment needs insider trading to do their job, and they are just there to recieve the extra information regarding particular investments and investment oppurtunities. If they didn't have the information, they wouldn't be able to do their job in the ways that it needs to be done. But they are using the information to benefit themselves, not the general public.
2. What can you do about your opinion? How can you make your opinion count?
My opinion can be made known by writing a letter to one of the states representatives or senator. My opinion would matter more if I gave information to back up why I feel this way. By giving examples of how it is or is not effecting the general public, they would then realize that the public is not given the same opportunies that they are, and therefore they don't have the same opportunities to make money.
3. What is insider trading? What was the information that caused Martha Stuart to go to prison?
Insider trading is government officials using the "inside" information that they have on stocks and the stock market to make themselves more money and give themselves money making chances that not every person is allowed. Martha Stuart went to prison from using insider trading to make herself more money. By researching into this topic more, I learned that she was using her own products that she was releasing to other business to invest in those businesses stocks. She was able to use her products to make her more money aside from the fact of the money that she is making from selling them.
4. What is "Black Friday" and when did it get its name? What is "cyber Monday"?
Black Friday is the most popular shopping day after Thanksgiving. It is the day when most businesses have major sales to make more money. It got its name from the depression. The day that the stock market came back up was on Black Friday. Therefore on that day, people started spending more money and the market continued to grow and get better. Cyber Monday is the Monday after Thanksgiving which is when businesses online have major sales. This is following Black Friday, and people continue to Christmas shop and save money by partaking in these major saving shopping days.
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