2.1 What, How, and for Whom?

MyEconLab Concept Video

Who makes the Dreamliner? Boeing, right? Not exactly right. You’ll see in this chapter that 400 firms around the world produce components of this airliner.

Airplanes are one of the many millions of different goods and services produced in the United States today. To see some more, walk around a shopping mall and go inside some of the shops and check the labels to see where things are made. Some are made in the United States but many, perhaps most, are made in other countries. We’re going to look at what goods and services get produced and where; how they are produced, and who gets to enjoy them. We begin with what we produce in the United States..

What Do We Produce?

We place the goods and ...

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