Should canada and america have common economic system w/ lil gov involvement
tldr; nah fam we good where we are lmao
I just find it funny how in one country we criticize one economic system and encourage another, and it’s usually the opposite in a country right next to it. I’m talking mainly about Canada and the United States, of course. I mean, for the sake of the essay, I’ll write my opinion on this but it’ll be pretty shady and biased since I live in Canada and we have a mixed economy. So here we go. Just a little note before we start, most economic systems are of mixed w/ varying degrees of state intervention. A mixed economy is where part of theeconomy is left to the free market and the other part is run by the Government™. For the …show more content…
Because I’m a Negative Nancy who wants to get the bad stuff established. Also because I, personally, don’t really like market economies. Now here’s why, my man. Point one, they’re elitist as heck. They, for the most part, provide to the rich and powerful then go and dump on folks anwehere below upper-middle class. You can probably take a guess that that’s one of the main reasons i don’t like them. They’re also chock full of inequality. Market economies provide no social security net for anyone unemployed or on low income. This ties into the it being elitist. Unemployment rates are also fairly high in market economies because businesses switch to more profitable methods of production such as using machines instead of …show more content…
For one, the profit motif. This provides incentive for firms to be efficient, to provide goods and services demanded by consumers, cut costs, and make more efficient use of scarce resources. The more efficient use of resources has some fairly obvious motives, such as profit. Another plus, there tends to be a wider variety of goods and services available. Industries in Market economies res[pnd quicker to peoples wants, because it’s profitable. Some of the biggest points I’ve heard have been that market economy avoids the bureaucracy often involved in government intervention and the good old economic freedom being just as important as personal freedom. I’m sure you noticed a certain word appearing a bit more than some others, especially in the previous paragraph. No, it’s not ‘the’ or something like that. It’s ‘profit’. In a market economy, it’s all about my good friend Cash Money. I’m sure they appreciate it. Anywho, now on to mixed economy. My personal favorite. Let’s do
tldr; nah fam we good where we are lmao
I just find it funny how in one country we criticize one economic system and encourage another, and it’s usually the opposite in a country right next to it. I’m talking mainly about Canada and the United States, of course. I mean, for the sake of the essay, I’ll write my opinion on this but it’ll be pretty shady and biased since I live in Canada and we have a mixed economy. So here we go. Just a little note before we start, most economic systems are of mixed w/ varying degrees of state intervention. A mixed economy is where part of theeconomy is left to the free market and the other part is run by the Government™. For the …show more content…
Because I’m a Negative Nancy who wants to get the bad stuff established. Also because I, personally, don’t really like market economies. Now here’s why, my man. Point one, they’re elitist as heck. They, for the most part, provide to the rich and powerful then go and dump on folks anwehere below upper-middle class. You can probably take a guess that that’s one of the main reasons i don’t like them. They’re also chock full of inequality. Market economies provide no social security net for anyone unemployed or on low income. This ties into the it being elitist. Unemployment rates are also fairly high in market economies because businesses switch to more profitable methods of production such as using machines instead of …show more content…
For one, the profit motif. This provides incentive for firms to be efficient, to provide goods and services demanded by consumers, cut costs, and make more efficient use of scarce resources. The more efficient use of resources has some fairly obvious motives, such as profit. Another plus, there tends to be a wider variety of goods and services available. Industries in Market economies res[pnd quicker to peoples wants, because it’s profitable. Some of the biggest points I’ve heard have been that market economy avoids the bureaucracy often involved in government intervention and the good old economic freedom being just as important as personal freedom. I’m sure you noticed a certain word appearing a bit more than some others, especially in the previous paragraph. No, it’s not ‘the’ or something like that. It’s ‘profit’. In a market economy, it’s all about my good friend Cash Money. I’m sure they appreciate it. Anywho, now on to mixed economy. My personal favorite. Let’s do