Intro to Business. Economic Systems. Three Economic Questions. What goods and services will be produced? What do we have? How will they be produced? Hand > machine > elsewhere Who gets the stuff?. 3 Economic Systems.
National Defense & Education.
High degree of uncertainty
Jobs going overseas
Market FailuresMarket Economies – More Cons
…People get mad!!!!!!!
Homework: Listen to the song. As you listen, think and then write down his view about the goals of: