Reference no: EM133279481
Question 1. How is the market economy defined in the U.S.?
Question 2. What are the perceived benefits or problems of the market economy in the U.S.?
Question 3. Is poverty a necessary component of a market economy? If yes, why?
Question 4. Why is there ongoing poverty in the U.S. in spite of the fact that this is the most prosperous country in the world?
Question 5. Why does the U.S. have increasing income and wealth inequality?
Question 6. What are the consequences of the concentration of wealth and corporate power in the U.S.?
Question 7. What role does tax policy play in social and economic justice?
Question 8. How has supply side economics limited the development of economic programs?
Question 9. What is the interrelationship between labor markets, the social welfare system, immigration, outsourcing, and globalization?
Question 10. What is your takeaway from this chapter?