What is a Market Economy System
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What is a Market Economy System
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- What is socialism and what are the principal methods by which its advocates have tried to bring it into existence?As freedom increases, the gdp of that nation increases. Why does this relationship exists or is this just an anomaly ?In the developing nations, a wide rage of policies options to reduce, if not eliminate, poverty and to alter the nation’s size distribution of national income have been implemented. Which policies do you believe are absolutely essential and proved to be effective? Explain whether these policies have specifically targeted the high poverty groups (e.g. rural, women, elderlies, minorities, etc.)! (You may choose a specific developing nation as your example) of poverty in developing nations?
- Both China and India are rising economic powers. How might your approach to doing business with China, a communist country, be different from your approach to doing business with India, the world’s most populous democracy? In which country would you expect to encounter the most rules? The most bureaucracy?How might your approach to doing business with Communist China be different from your approach to doing business with India, the world’s most populous democracy?If you were working for one of the large Chocolate companies like Mars/Mondelze/Nestle or companies that use rechargeable batteries like Apple/Samsung/EV car company, how would you address the rampant issue of child labour in Cocoa farms and/or inhuman conditions of miners in Congo?
- Should U.S. foreign policy include provisions for reducing poverty in other nations of the world? Should U.S. domestic policy include provisions for reducing poverty in the United States? How are these issues similar? How are they different?Now consider the political, economic, and legal systems of China, India,and Brazil. Explain why you think one country might be more hospitableto Moots than the others.Is it easier to manage business in countries with high power rating? Explain your answer
- c) Which do you think would help the citizens of the world’s poorest nations more, increasing foreign aid or removing all agricultural tariffs and subsidies?7. "We are fast approaching the stage of the ultimate inversion: the stage where the government is free to do anything it pleases, while the citizens may act only by permission." Ayn Rand ANALYZE AND LINK THIS TO ANY THEORY IN ECONOMICSAnalyze the current conditions of the Philippine economy. Do you think we can benefit from moving towards a more socialistic- democratic political-economic system, considering the issues you presented? Why or why not?