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Economics
book

Economics

by Terry Hillman
July 2014
Beginner content levelBeginner
384 pages
8h 39m
English
DK Publishing
Content preview from Economics

CHAPTER1

An Overview of Our Economic Society

In This Chapter

  • The long-term economic growth trend
  • Business: providing the goods and services for society
  • Understanding the consumer—the engine of demand
  • Government’s many hats: backstopping the economy, regulator, major buyer
  • A brief look at the domestic and world financial system

The economies of most of the world are market economies. A market economy is an economic system in which economic decisions and the prices of goods and services are made by the interactions of consumers and businesses with minimal government intervention and little-to-no central planning. Only a few economies still use ...

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Publisher Resources

ISBN: 9781615645022