Wednesday, March 30, 2011

Other important socio-economic concepts.....Read and rank order....

HW: Read Ch. 2.2
Rank order by economic and social importance: Justify your #1-3 choice in paragraph tonight
1.economic freedom to make own decisions
2.econ efficiency for greater benefits than costs
3.Economic equity…a social goal to support laws against wage and job discrimination
4.Full employment
5.Econ security for the elderly, workers losing jobs etc.
6.Price Stability, freedom from inflation …protects people on limited income
7.Econ growth to increase goods and services to all
Explain your reasons for your ordering above

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