Tuesday, December 12, 2017
E2 INDIVIDUALS AND BUSINESSES IN FREE MARKETS: Free enterprise is a pillar of the United States economy and is based on the principle that individuals and businesses are free to make their own economic choices as they participate
in these markets. Individuals buy the goods and services that they desire from businesses in the product markets, and they contribute to producing these goods and services by supplying the resources that they own to businesses in the markets. This activity is the basis of our private economy, and our governmental spending programs.
CONSIDER:
Confrontation Over 'Price Gouging'.
News Story About the Above Confrontation
Men Arrested for 'Price Gouging'.
Mississippi Man Arrested for 'Price Gouging.'
Efficacy of 'Anti-Price Gouging' Laws
ACTIVITY: Economic Values Clarification
in these markets. Individuals buy the goods and services that they desire from businesses in the product markets, and they contribute to producing these goods and services by supplying the resources that they own to businesses in the markets. This activity is the basis of our private economy, and our governmental spending programs.
CONSIDER:
Confrontation Over 'Price Gouging'.
News Story About the Above Confrontation
Men Arrested for 'Price Gouging'.
Mississippi Man Arrested for 'Price Gouging.'
Efficacy of 'Anti-Price Gouging' Laws
ACTIVITY: Economic Values Clarification
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