1. THE DEMOCRACY IS THERULE OF THE PEOPLE TODAY WORLD PEOPLE, SOCIETY & THE GOVERNMENTS NEED PARTYLESS DEMOCRATIC RULE. THIS IS THE FACT THAT THE WORLD PEOPLE NEED THE…

1. Your Thoughts? • Which of these points to you feel our society should have? • Central banking system • Government controlled education • Government controlled…

Slide 1 Germany, Italy, and Russia Comparative economy Ma, Lin & Xu, Hanqing Slide 2 What will be covered? 6 institutional frameworks of three countries Allocation Mechanism,…

Slide 1 Mixed Economies & Market Failure Slide 2 All economies must answer 3 questions.  What goods & services should be produced?  How should the goods &…

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Capitalism v. Socialism Capitalism versus Socialism The economic system known as capitalism developed gradually over centuries, originating during the late Middle Ages. During…

Slide 1 Chapter 3 Economic Security Economic security is when you have enough income to meet your needs and still have money left over to meet some of our wants. Why do people…