Econ Quiz #1 - Econ Quiz#1 Order of leaders of countries with the largest economies 1 U.S-Obama 2 China-Hu 3 Japan-Kan 4 Germany-Merkel 5 UK Cameron 6

Econ Quiz #1 - Econ Quiz#1 Order of leaders of countries...

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Econ Quiz #1 Order of leaders of countries with the largest economies 1. U.S.-Obama 2. China-Hu 3. Japan-Kan 4. Germany-Merkel 5. UK- Cameron 6. France- Sarkozy Conservative Right View of economics and wealth distribution o Conserve tradition, political power, economic power, old school, old way o People work hard for themselves and for their families o If you work hard and provide for you and your family than you should be able to keep it. View on role the government should be on the economy of your states Keep the government out of the economy o Gov’t should not be involved in economy activity o Gov’t should minimize regulation and taxation o Gov’t should provide minimum of social benefits Liberal left view of economics and wealth distribution o Liberate, free up from tradition o Want to change the old way o Free up economic and political power for everyone o For a more equitable distribution of wealth for everyone
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