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In the circular flow diagram, and how it connects to alternative market systems. Begin by thinking of a business that you recently frequented (Target, Macy's,

In the circular flow diagram, and how it connects to alternative market systems. Begin by thinking of a business that you recently frequented (Target, Macy's, McDonald's, anything). Then reflect on the following questions:

  1. What prompted the producers of the individual products in the store to produce them and offer them for sale?
  2. How did they decide on how and what resources to use to produce them?
  3. Who made those resources available, and why?
  4. How does the market determine who will get the goods and services?
  5. Who ultimately decides whether the products being offered should continue to be produced and sold?
  6. How do these decisions differ between capitalist and socialist systems?

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