Imagine that a new country is being formed and wants to set up an economic system
Chapter 2, Problem 1(choose chapter or problem)
Imagine that a new country is being formed and wants to set up an economic system similar to that of the United States. Write a paragraph or two explaining how this new countrys system might work. Use all of the following terms.economic system mixed economy market circular flow of income and output capitalism laissez-fairefree-enterprise system profit incentive competition economic equity standard of living economic growth
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