Written work please do 5 of 7 questions

PART IV: WRITTEN WORK (10 Marks) Provide the major arguments for and against the following statements. (do 5 of 7) 1: Establishing private property rights is a good thing. 2: Consumers are the kings and queens of the marketplace. 3: In many countries, including Canada, the military is composed of volunteers. It's very fortunate that most of the volunteers come from lower income groups. 4: There should be a legal market for organs. 5: The Kinder Morgan pipe line is a benefit for the economy. 6: The market system is currently the dominant economic system in the world. 7: Minimum wage laws are a good thing