Check out April the Giraffe as she awaits the birth of her fourth baby on the live stream from the zoo. Why would the zoo post a live stream? Tampa Bay Times forecast called the April the Giraffe birth an internet sensation. What does that mean? What are the economic implications? Do images make you want to visit the zoo? How does seeing something like this impact buying decisions? What other goods do you think might be produced? What about t-shirts and stuffed mom-and-baby giraffes? When people consume goods and services, like visiting the zoo and making purchases, this can have positive effects on others. For example, the zoo and animals benefit from the extra profits. In addition, people have donated to giraffe conservation as a result of this internet sensation. Check out the official website the zoo has set up for April the Giraffe and consider some other economic effects.
SS.8.FL.2.2 Analyze a source’s incentives in providing information about a good or service, and how a consumer can better assess the quality and usefulness of the information.
SS.912.FL.2.2 Analyze situations in which when people consume goods and services, their consumption can have positive and negative effects on others.
Deborah Kozdras, Ph.D.