Question
From: Chap. 1: Economics: A Tool for Critically Understanding Society (ETCUS) pp. 16: 1) What are the main differences among conservative, liberal, and radical economists?
From: Chap. 1: Economics: A Tool for Critically Understanding Society (ETCUS) pp. 16:
1) What are the main differences among conservative, liberal, and radical economists?
7) How might conservative, liberal, and radical economists respond to an issue like climate change?
From: Chap. 2: Economics: A Tool for Critically Understanding Society (ETCUS) pp. 32:
1) Discuss the distinguishing characteristics of ancient economic systems.
2) What must an economic system accomplish? Why?
3) Why is surplus a source of economic growth?
4) Explain the transition from feudalism to capitalism and identify the main differences between the two systems.
8) What is the importance of markets to a capitalist economic system?
9) Read the passage by Karl Marx at the beginning of the chapter. Paraphrase his point in the last paragraph. Do you agree with his argument? Why or why not?
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