Capitalism Lab is an academic game founded by University of Toronto professors Michael Heaney and Tamar Love. It was designed to teach students about economics, political science, and financial literacy. Players play the role of a newly appointed CEO of a company that they must build into the most profitable corporation within five years. This game looked at capitalism in general, not just one market like many video games do today. Players are presented with different markets for their company to sell products in, including but not limited to: food processing, basic mining operations, hospital care facilities, land transport services and so on. There are no direct competitors in this game, save for one employee that is hired with each company. It is up to the player to hire an adequate number of employees, keep them content by offering bonuses and benefits, and work hard to maintain their top spots in the market. The game allows the player to prioritize how they will spend their money wisely by researching which markets they should focus on first. A lack of workers will cause the company to fail early on which would ultimately result in loss of profit for players at a later stage. The game takes place entirely within a single country which is selected by the players prior to playing. There are four years of game play but the game is always set to realistically simulate how companies compete in the real world. There are no real-life companies in this game, only fictional ones. A university project was done by students who worked on "Capitalism Lab". The project is available now on the website for you to play now. The students were able to study the game along with interacting with players who had already played it and made comments about their experience playing Capitalism Lab. They also had access to Google Analytics data that showed how many people were playing each day which allowed them to see which parts of the game were most popular.
Capitalism Lab Full Version: Overview and Tutorial Capitalism Lab Full Version: Introduction and FAQs The purpose of this game is to make players learn the basic principles of accounting. They also learn about the different aspects of financial statements such as cash flow statement, balance sheet, and income statement. Furthermore, they learn how to read the financial statements and understand their meaning. It is intended for those who are new to accounting or those who want a refresher on it. The tutorial also helps players understand how to play Capitalism Lab so they can see its basics and get more familiar with it. This game introduces players to the different topics of economics they need to learn about. It tackles topics ranging from the different economic systems including capitalism, communism, socialism, and fascism. It also discusses how each system works with each other in contrast to each other. Its purpose is to make players understand how capitalism works in real life situations rather than just learning about it in a textbook setting. They see the effects of different policies on the market and how it affects certain aspects of society. Furthermore, they learn about taxes that are imposed among different social classes.
Capitalism Lab Full Version: Learn Entrepreneurship Capitalism Lab Full Version: News About Capitalism Lab 2.
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