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Part of a free-enterprise system

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1. Fran is from a small village in Mexico. Suppose that Fran moved to Los Angeles, California. What do you think she would like best about shopping for goods in the city?

2. While on an airplane trip in his country, Keller decides that his ticket cost too much and that the food was not good. Keller lives in a command system. The government controls goods and services. Do you think that Keller will write a letter to the airline complaining about his flight? Why or why not? How might things be different if the airline were part of a free-enterprise system?

3. How do you think your life would change if the United States switched from a market economy to a traditional system? How would you feel about those changes and why?

4. More Western businesses are finding their way into Eastern European markets. For example, you can now buy food and blue jeans in Moscow. In your opinion, what's good about this trend? What's not good about this trend?

Reference no: EM131414232

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