7) Cost/Benefit Analysis

In this section you will be able to research important U.S. wars in order to conduct a cost/benefit analysis. The goal is for your group to discuss/debate which wars were more beneficial to the U.S. and which were more detrimental.

Start with this video about the concept of Cost/Benefit Analysis. PLEASE KEEP IN MIND THAT THE VIDEO TALKS ABOUT IT AS A BUSINESS CONCEPT. I want you to apply the *ideas* to war.

Your wars to choose from are:

War of 1812
Mexican-American War
Spanish-American War
World War I (U.S. involvement only)
World War II
Korean War
Vietnam War
Persian Gulf War (1991)
Iraq War

Below is a document to help you organize your notes. 

CBA War Notes

After you have researched your war and taken your notes, please fill out the following forms. These forms will feed into a spreadsheet that will be shared with all the group members so you can all view the data at the same time. You will use this data to have a discussion about the wars. That discussion will help you to create your individual "best" to "worst" list of was the U.S. has been involved in. 

Once all the data has been collected and your groups has debated the pros and cons of each war, it is time for you to rank these wars in order from "best" to "worst" - that is, from the best cost/benefit ratio to the worst cost/benefit ratio. You will be using this timeline generator to create your list. Here is a short tutorial showing you how I would like you to use this tool: