In a free market, capitalist economy, competition is a
fundamental component of the economic process.
Arguably, competition insures the best goods and services at the
best prices.
Discuss how monopolies and other antitrust violations undermine
the ability to compete.
The prominence of the neo-liberal capitalist free market led to
the 2007 economic crisis and only _____prevented further damage to
the economy.
deregulation
deunionization
government interventions
privitazation
From a truly free market/capitalist perspective, how is
inflation a beneficial process
(our myriad
discussions on this concept and the supplemental readings will be
very
helpful here)?
Name and discuss some of the features of an alternative model of
development that could lead developing and undeveloped nations
toward global cooperation and even development.