... dollars, and resulted in the cancellation of the World Series. It also was the longest and costliest work stoppage in the history of professional sports (Play ball). Then in 1995, the baseball industry received the worst ratings they have ever faced (Costas, 21). It seemed as though Americans ... the current state of baseball and what, if anything should be done. The salary cap debate is not a new issue in baseball or in sports. Owners have been playing with the issue for a while, with the first discussion occurring in 1989-1990 (Staudohar, 8). The purpose of these ... dream team walk ...

• Word Count: 1455
• Approx Pages: 6
• Has Bibliography
• Grade Level: High School

... decisions. This is the fundamental problem of any economy, the scarcity of available resources. Resources "are the instruments provided by nature or by people that are used to create goods and services". The main types of resources are often referred to as land, labor, and capital, they ... and skills limitations (the day has only 24 hours, and the number of skilled workers are limited). • Factories & machines are resources made by people. • Goods are in limited supply because their production requires fuel, labor, and other scare resources. All resources are scare, which means that ...

• Word Count: 2156
• Approx Pages: 9
• Grade Level: High School