LIFE'S JOURNEY: like the complex charting of a course on the 'trackless' ocean, heading to a distant port.
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