A bank CAN go bankrupt, as we witnessed in the Global Financial Crisis. Ok, this statement is not absolutely true in all circumstances. Imagine how much more so it can be in real life.
I’d either end up handing over valuable pieces of land for a pittance just to stay afloat or I’d call it quits and start again. Pretty soon my younger (but possibly wiser) sister learned to go for the kill in those situations. It was those games when I gambled – spending big up front to buy every property I could but not allowing any reserves to pay rent or build houses – that ended quickly and painfully. It’s a very simple, clear summary of the financial nightmare that can result from overextending yourself without good risk management strategies. The second Monopoly and real life lesson is bankruptcy. Bankruptcy is ‘you owe more than you can pay’ Passing ‘Go’ is not enough to dominate the board 2. With respect to real-life property investing, if you own all the land on the best street in town you can influence the price by controlling how much land you sell and when. This is the very reason legislation exists to prevent monopolies forming. You have the customer over a metaphorical barrel – they either pay your price or do without. The most useful of these advantages is the ability to control the price: if you’re the only one selling, there’s no competitor for your customer to turn to. There are many advantages to achieving a monopoly control over something, and they’re generally to the detriment of anyone seeking to access whatever the particular monopoly controls. In the context of the board game, you have a monopoly when you own all the properties on the board: a game-winning move. The aim of the game is the nameĪ Monopoly exists where one entity has exclusive possession or control of something, be it a service or product or piece of property. So how does Monopoly relate to real life? Here are seven lessons hiding around that board. Of course, a board game can never be a perfect replication of such a complex investment vehicle as property, but it was a great start that we didn’t even know we were getting! We had games that went on for several days and some that lasted mere minutes. In primary school, my sister and I spent many a holiday racing each other around the board to buy Mayfair and Park Lane. The version of Monopoly we are familiar with today was officially released in the early 1930’s and has been a staple in most Australian childhoods since then. Monopoly began life around 1903, originally (and quite aptly) named ‘The Landlord’s Game’. Photo from the Mississippi Children's Museum's Facebook album of Mississippi Navy Week.Monopoly? Really? Yes, I’m not talking about what Microsoft had in the 90’s, I’m talking about the board game we all know and love. In the photo above, some members of the Navy ham it up at the museum for Mississippi Navy Week. The Mississippi Children's Museum boasts a Hasbro-official giant Scrabble. ScrabbleĪmerica's favorite word game is also one of the most popular games to get the life-size treatment.
Check out the photos on Attack of the Blog. On G4's "Attack of the Show," Kevin Pereira, Candace Bailey, and Gillian Jacobs played a life-sized G4 version of the buzzing medical game. You can read about her project in the Craftster boards. Candy Land GardenĬraftster user KandeeCorner (and YouTube user eieioh1) created a garden based on the various iterations of the Candy Land game board. Laughing Squid has more videos and photos. San Francisco's famously winding Lombard Street was turned into the biggest version of Candy Land ever to celebrate the children's game's 60th anniversary in 2009. I was surprised there weren't more life-size versions of the candy-themed game, but the quality of these two jumbo versions makes up for the lack of other variations. (Also: the pieces are harder to lose.) We've gathered up a collection of jumbo variations on classic board games-if you think we've missed a good one, let us know in the comments! Candy Land Everyone's favorite board games get a whole lot more fun when they're super-sized.
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