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Economics Homework Three - Model (view source)
Revision as of 03:41, September 30, 2009
, 03:41, September 30, 2009no edit summary
10. Do you support "free trade" because it creates wealth, or do you oppose it for simply redistributing wealth to foreigners, some hostile to the United States?
10. Do you support "free trade" because it creates wealth, or do you oppose it for simply redistributing wealth to foreigners, some hostile to the United States?
:Free trade is something I agree with. Organically occurring market forces are more efficient and furnish better results than any government intervention could conceivably attain. The general public typically doesn't care where products come from, they just want the cheaper price tag, resulting in increased demand for those goods. ..." (Sarah)
:Free trade is something I agree with. Organically occurring market forces are more efficient and furnish better results than any government intervention could conceivably attain. The general public typically doesn't care where products come from, they just want the cheaper price tag, resulting in increased demand for those goods. ... (Sarah)
11. What is your view of the minimum wage? Should it be increased?
11. What is your view of the minimum wage? Should it be increased?
:These school drop outs are searching for a job because the opportunity to make the set amount of money seems appealing. This appeal leads them to drop out of school where they could have formed a far better future for themselves. Now, they must stay in the same position with no hope of a real job.
:These school drop outs are searching for a job because the opportunity to make the set amount of money seems appealing. This appeal leads them to drop out of school where they could have formed a far better future for themselves. Now, they must stay in the same position with no hope of a real job.
:Minimum wage only serves to hold back its participants. It puts employees out of work. It also attracts those who are not in a position to need to be employed, but are just looking for the easy way out. It encourages individuals to not do the best they can. For all of these reasons I affirm that minimum wage should not be increased and is a poor ideology to start. (Elizabeth)
:Minimum wage only serves to hold back its participants. It puts employees out of work. It also attracts those who are not in a position to need to be employed, but are just looking for the easy way out. It encourages individuals to not do the best they can. For all of these reasons I affirm that minimum wage should not be increased and is a poor ideology to start. (Elizabeth)