The economic principle I’m exploring is Institutions are the “rules of the game” that influence choices.
My research question to help me study my economic principle is how has baseball changed over time?
Overall I have found out that many things have affected baseball and have made it change over time. It has changed because of various rule changes that make the game more competitive and exciting. Another thing that changed the game is all of the players and the different eras that they all played in. All of the players impacted the game in a certain way. Lastly the fans changed the game of baseball, because of the fans there are new rules set in place to speed up the game and make it more exciting to watch and to play.
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