"Creating Wealth Through Trade"

With the "Creating Wealth Through Trade," each individual in class had an initial product and within the different rounds, we were able to decide whether or not we wanted to keep a certain product or trade it. What played a big role in this project was our way of thinking. We had to see if we were comftorable with the products we had or if we wanted to trade, taking a risk. As we went through the different rounds, people were satisfied with their trades and some weren't, wishing that they had stuck with their original product. Obviously, some goods were more valuable and desired than others, while others seemed worthless. What can be seen very clearly with this chart is that with the fifth round, the overall satisfaction with products increased. There was more satisfaction in the first round before trade, because the satisfaction decreased steadilly, as well as with the second round but more people felt "OK" about the product in the middle of the trade. The chart isn't really consistent, but it shows people's actions are based on the way they think, how and whether they're going to create "wealth through trade."