How Does The Game Third World Farmer Reflect The Economic Characteristics Of Capitalism?
How does the game Third World Farmer reflect the economic characteristics of capitalism? The game Third World Farmer reflects the economic characteristics of capitalism such as the freedom to trade, and having stable money. During the game, you invest your money into different necessities, such as livestock, agricultural technology, and crops. The farmers faced inconveniences every year such as crops failing to grow, failing to sell, livestock dying from disease, and their government intervening through war and strife. The freedom to trade is, to put in simple terms, the freedom to exchange goods and services with others. In Third World Farmer, you have to trade your crops, livestock, and potentially the entirety of your farm just to survive. You are free to make any decision you want with your goods, …show more content…
Stable Money is defined as “what you can exchange for goods and services, and having stable money is being confident about the future.” The ultimate goal of the game Third World Farmer was to reach this point, where you can financially support your family, and you are capable of investing in different necessities. (crops, livestock, agricultural technology, etc.) However, if the farmers had too much or too little money, the value/price of these goods would increase or decrease, a.k.a inflate and deflate. Inflation is when there is “too much money is chasing too few goods.” The ultimate goal was to have too much money than you know what to do with, which would probably be the goal of almost everybody living in a capitalist society. In order to reach the prestige label of having “stable money,” risks and hard choices have to be made, such as sending a child off to school, selling your goods for more POTENTIAL revenue, and even sending a child off to work for someone else indefinitely. Having stable money is the only outcome in which you succeed at beating the
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