Documents Communism, Socialism, Capitalism Understanding Economic Systems Adapted from a presentation created....

Slide 1Communism, Socialism, Capitalism Understanding Economic Systems Adapted from a presentation created by Mr. Blair Slide 2 What standard of living do you hope to attain…

Documents Economics, Agrarian Reform and Taxation SOCSC 001 (TIP Reviewer)

The Wealth of Nations (1776) - Adam Smith (Father of Modern Economics) Economics is the study of how wealth is created and distributed Totalitarian: One mas has the right…