economics paper.docx - Scott Lehan Economics 105-803 RN...

This preview shows page 1 - 2 out of 3 pages.

Scott LehanEconomics 105-803 RNValerie GardnerCountry Comparison Questions and Defintions1)The economic strengths of the United States economy is always the ability to be driven and to work hard. Our technological advances throughout history are by far our best strength as a nation. Our weaknesses as an economy are deteriorating worker skills; burdensome tax and regulatory systems; and flawed and myopic policy making. The onlyreal remedy for these problems is education. Our system of free government and free markets can only work if we have highly educated citizens and consumers. South Africa’seconomic strengths would be their cost of living, mining, school enrollment, export concentration, and their stock market capitalization. But, there weaknesses can not go unnoticed their unemployment situation is not good at all. They experience major health problems, labor relations are at a low, and employment is very low.

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture

  • Left Quote Icon

    Student Picture