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IT IS 2 DIFFERENT SUBJECTS HERE: 1)How does social class influence sport participation patters? 2) What groups are identified as the people with power in sport today? 3) Describe the ways in which
IT IS 2 DIFFERENT SUBJECTS HERE:
1)How does social class influence sport participation patters?
2) What groups are identified as the people with power in sport today?
3) Describe the ways in which social class impacts sport spectatorship today.
4) Describe conditions in which sport is most likely AND least likely to lead to upward social mobility.
Question 1:
In 2018, one of the first copper pennies ever struck at the Philadelphia mint in 1793 was sold for $300,000. What was the rate of return to the family that saved this penny from when it was issued until it was auctioned?
Question 2:
You expect to receive $30,000 as a graduation present. You plan on in vesting it at 7% (compounded annually) until you have $125,000. How long will you have to wait from graduation?
Question 3:
You have $20,000 you want to invest for the next 40 years. You are offered two investment plans. The first pays you 6% interest (compounded annually) for the first twenty years and then pays you 10% interest (compounded annually) for the next twenty years. The second pays you 10% interest (compounded annually) for the first twenty years and then pays you 6% interest (compounded annually) for the next twenty years. How much will you have under each plan? Which do you prefer?
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**** *** How **** ****** ***** ********* sport ************* patterns?Social class *** ********* ***** participation ******** in * few ********* **** ***** ********* individuals ** ******** may **** **** ****** ** ********* **** private ******* training ********** *** ********* **** which can give **** a *********** ********* ****** ****** *********** ** families may *** **** *** **** access to ************** or **** **** ****** ** difficult to *** ** ********* ** ***** ******* social ***** *** **** ****** *** **** ******* or ************* ******** ******* **** their ******* ** ********* ** participate ** ****** ******** **** ***** ************* backgrounds *** not *** the ***** ** ********* ***** ** time in ****** ** may *** **** *** same ********* about ********* ****** or *** to get ********** **** groups *** ********** ** the people with power in *** ***** ****** ******* ****** are ********** as *** ****** with ***** ** *** ***** ***** These ******* *** International ******* ********* ******** governing ****** ************ ******* *** ***** Each ** ***** ****** has * different ***** of power and ********* ****** *** ***** ** ***** *** ************* ******* ********* ** *** of *** most ******** groups ** sport **** *** *********** *** *** organization ** *** ******* Games one ** *** ******* ******* sporting ****** *** IOC *** **** ***** *** ********* over the ***** ** sports *** the ******** that compete ** *** **************** ********* bodies **** **** * *** ** power *** influence ** ****** These organizations *** *********** for *** ***** *** *********** that ****** *** ***** ** ***** ********** ********* **** **** **** *** ***** to ******** events *** ******** **** ******* ** their ******* ************ ******* *** ******* ***** **** *** **** ***** ** ****** These leagues *** **** up ** *** best athletes in the ***** ********* *** large **** of money *** ******* have **** ********* **** *** sport ******* they ******* *** **** ******** ** *** ***** ***** *** also * ******** ***** ** *** sport ***** ************* *** *********** *** the training *** *********** of athletes **** **** **** **** influence **** *** ***** and *********** of the ******* Describe how social ***** ******* ****** spectatorship todayIn *** ****** States ****** ***** ******* ****** spectatorship in ******* ways ***** ********* *********** are **** ****** ** **** *** ********** ****** necessary ** ******** tickets ** sporting ****** ****** ********* individuals *** more ****** ** **** *** **** *** ********* ********* ** travel ** **** ***** or purchase expensive ******* ******* Third social class can ****** *** fans consume ****** **** wealthier **** more ****** ** access ******* ******** *** ************ packages ******* ****** ***** can ****** how **** ******** with *** athletes with ********* **** more likely ** ****** private ***** *** ******** ******** ********** ** ***** sport is **** ****** *** ***** ****** ** **** ** ****** ****** mobilityOne ** the **** important ******* ** ****** ******** ******* sport ** *********** *** *** sport to ** * ****** ****** *** ****** ****** mobility individuals **** have ****** ** ************* to *********** in ****** and ** develop ***** ****** * **** ** ****** ** ************* *** significantly hinder ****** ******** ******* ********** important factors ******* talent ***** *** **** ******** *** driven *********** *** **** ****** to ******* ** ****** and **** ***** a **** ** *** ************ success ******* **** ******** and driven individuals *** *** be able ** ******** *** *** ********* ** ***** *** if **** ** *** **** ****** to *** ***** ******************** ***** ** **** likely to **** to ****** social ******** when *********** **** ****** ** ************* and *** ******** *** ****** ******* many factors *** impact ** ************ ability ** ******* ****** ******** through ***** and ** one factor ** ********** ** lead ** *********** sport is **** ****** ** **** to ****** ****** ******** *********** come from lower ************* backgrounds *** *** sport as * way ** improve their ******* ** **** *** ******* many ************ athletes come from ****** beginnings *** *** ***** ******* ** **** * **** ****** ****** **** they ***** have ********* **** ** ******** **** *** ***** ** ***** ****** ** **** ** ****** ****** ******** *********** **** **** ****** ************* *********** and have *** ********* ********* ** ******** their ****** *** ******* individuals who **** from wealthy families *** **** *** ***** ** *** for private ******* *** expensive ********* *** **** **** ****** to ********** ****** ****** mobility ******* ***** than ***** **** ***** ************* *************** ********* *** 2018 one ** *** ***** ****** ******* **** struck ** *** Philadelphia **** ** **** *** sold for ******* **** *** *** **** ** ****** to *** ****** **** ***** this ***** **** when it was ****** ***** ** *** *********** **** *** number of ***** ******* when the ***** *** issued *** when ** was ************** * **** * 225 years2 **** *** **** ** ************** * **** * *************** ***** ********* Starting ***** ********* **** ******** **** 1793Ending **** ********* Period 226 ***** ***** ***** ************ rate of ****** ** ********** ***** *** ***** ******* ** ************ **** expect ** ******* ****** as * ********** ******* You **** ** **** ** at 7% *********** annually) ***** you **** $125000 *** **** will *** have to wait *** ***************** ******* * *********** = ******* **** ******* log 107n=210929 ************* **** **** $20000 you want ** ****** for the **** ** ***** *** are ******* *** ********** plans *** first pay *** ** interest *********** ********* *** *** ***** ****** ***** *** then pays *** *** interest (compounded annually) for *** **** twenty ***** *** ****** **** you 10% ******** (compounded ********* for *** first ****** years *** 6% ******** (compounded ********* *** the next ****** ***** How **** will *** **** ***** **** ***** ***** ** *** ********** ****** ***** ** **** ***** ******* value*(1+r)n= $2000*(112)30= ********************** Future vale ***** *************** ************** ***** ** **** flow= ******* ************* *************** $115930Compounding ************** ****** ******* ** ***** (5years*4)Future value ** **** ***** ******* value*(1+r)n= $100000*(1007375)20= $115830The **** **** ** ** *********** annually * ***** not ******** to go *** ** as my ****** ***** ****** ********
