Chapter Questions
What factors caused American business to develop into a mixed economic system rather than some other type of economic system?
Does an individual consumer really have a voice in answering the four basic economic questions described on page 14 ?
Is gross domestic product a reliable indicator of a nation's economic health? What might be a better indicator?
Discuss this statement: "Business competition encourages improved product quality and increased customer satisfaction."
Is government participation in our business system good or bad? What factors can be used to explain your position.
Choose one of the challenges listed on page 31 and describe possible ways in which business and society could help to solve or eliminate the problem in the future.