Market Economies.

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Presentation transcript:

Market Economies

Do Market economies achieve “Public Good”?

Mechanisms/principles of Market Economy

Supply & Demand

Role of competition

How have these businesses responded to competition? Why do their strategies differ? How does competition effect the consumer?

Do Market economies achieve “Public Good”? Split based on your stance on the question Yes – left white board No – projector white board Undecided right white board

Grow your group!!! List reasons for your position. Create a defense for your position Each group will defend their stance Recount after debating

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