Tuesday, September 13, 2016

class bus 101

1. what are some of the things China & Cuba have in common (tip: think about China before reforms


2. Define the foll terms by citing examples from sources provided for ch 2

* social democrat

* hard core socialism (pure governmant +planned economy

* pure market economy (pure capitalism)

* mixed economy


3. where would you place Denmark, China, Cuba and the US tin the continuum. Explain why


pure capitalism * conscious capitalism * pure economy hard core socialism


4. which of the 4 economic systems would you prefer to live in? why? list at least 6 factors - explain

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