econ #1 worldregions notes - USA:Obama China:Hu Japan Kan Germany Merkel UK Cameron France Sarkozy Wealthiest economies China has a bigger GDP than

econ #1 worldregions notes - USA:Obama China:Hu Japan Kan...

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USA:Obama China:Hu Japan: Kan Germany: Merkel UK: Cameron France: Sarkozy Wealthiest economies China has a bigger GDP than France, Great Britain China is now economically exploding as are many asian states EU is shrinking Lots of outsourcing, change World economics o Conservative right: tradition, political power, and economic power. Old school o People work hard for themselves o You earned it, you deserve it o Liberal Left: liberate from tradition, incorporate new perspectives and information o For equitable distribution of wealth o Economically more equal for all o RIGHT: capitalist, free market o LEFT: Gov. should be controlling o RIGHT: keep the Gov. out o LEFT: business would pollute, child labor, screw over everyone, cheap pay o RIGHT: Gov. regulation limits business to make more jobs, nothing
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  • Spring '08
  • SXiao
  • Economics, Capitalism, incorporate new perspectives, Gov. regulation limits

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