Econ Quiz #1 - Econ Quiz 1 Money Intro to Economics The System China is economically exponentially expanding GDP Gross Domestic Product Whereas most

Econ Quiz #1 - Econ Quiz 1 Money Intro to Economics The...

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Econ Quiz 1: Money! Intro to Economics & The System China is economically exponentially expanding GDP: Gross Domestic Product. Whereas most european countries are stagnant. New economic titans rising. World Leaders: Largest GDP Obama (USA) Hu (China) Kan (Japan) Merkel (Germany) Cameron (UK) Sarkozy (France) The Economic Systems: The Left and Right Left: Incorporating current perspectives to More equitable distribution of wealth for all members of society. Disabled, Dumb, Sick, elderly should be tended too Spread the wealth Redistribute wealth via services and benefits Every business success is a result of Government should be directly involved in regulating or controlling to distribute wealth to all Regulating and controlling big businesses. Used as tool for empowerment economically and politically. Should be involved directly in economic activities. Should regulate the economy, work laws ect. Should use generated wealth or takes to distribute wealth via social services. PRO WEALTH DISTRIBUTION,pro people Right: Conserve, Keep the same, Conserve economic power in the hands of those who already have it.
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