Do no t lets lose sight of what creates wealth it is

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11. “Do no t let's lose sight of what creates wealth. It is open markets, it is capitalism.” My personal opinion on this statement is most closely described by: a. Absolutely any threats to the free market must be squashed b. Yes capitalism is how we create wealth, but the markets must still be managed a little c. I’m not sure about this – I think that it might be time to consider some sort of different economic system
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d. No the market needs to be extensively managed to ensure that the wealth that is created is good wealth rather than bad wealth e. Rubbish capitalism creates monstrous wealth for a few and abject poverty for many. We need a much more equitable economic system Choice now: B Choice in assignment 1: E Notes: to create wealth we need the capitalist and this is done through capitalism however, it should be regulated to avoid abuse and monopoly. 12. “It is estimated t hat humans are consuming natural resource at a rate that is 30% above the renewal rate. If we continue to consume in this way we are likely to suffer dire consequences which could include extinction.” My personal opinion on this statement is most closely d escribed by: Choice now: B Choice in assignment 1: B Notes: my answer didn’t change. It may sound weird but it’s the truth the human population is using natural resources too fast because of growing population. This can be solved if the population is controlled by implementing child policies and birth control measures. 13. "You discover that your best client is selling tickets to win cars, however, the winners are not chosen at random. The client makes a huge profit after marketing expenses and bonuses." My personal opinion of what should be done is most closely described by: a. Everyone is doing this kind of thing these days but still I worry that I will get into trouble if , this gets out. Maybe someone should try to convince the client to stop? b. I want to know how they decide who gets the cars. Maybe I can get one too! c. This should be addressed in a written report so that the client can respond formally. d. This should be discussed with the client from the perspective of the relevant laws to urgently find a solution which will be fair for participants but also good for the business.
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e. If this is a significant irregularity then it must be reported to the authorities as required in various prescripts. If this causes the client cancel my contract then I have a duty to report the facts to my successor.
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