Game Time!
Play to have fun--don’t take this too seriously!
You are a farmer…
You have a choice of taking out a loan for quality inputs that would make you much more productive in normal years
But you would lose the farm if there was a drought this year, because you wouldn’t be able to repay the loan
You have a 1 in 5 chance of drought.
We have 5 packages of gum in my hat.
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The 4 blue ones represent a year with adequate rainfall
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The 1 red one represents a year with a drought
We will randomly draw one of the packages from the hat, and if its red, there was a drought.
But first--make your choice!
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Put your left thumb up if you take the chance
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Put your left thumb down if you stay with your current, low productivity package
We typically add real world prices, etc. to the game But that’s no fun in a workshop so we will point you to tools to do that later!
