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The Complete Idiot's Guide to Economics, 2nd Edition by Tom Gorman

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Meanwhile, Around the World

The high-production, high-consumption U.S. economy may have become a victim of its own success. Americans developed and projected to the world an economic system in which individuals are free to follow their interests, impulses, and dreams. It’s a system in which people can start businesses, create careers, and invest in themselves relatively free of government regulation, religious law, and family obligations. Largely as a result, Americans have—and expect to have—more, faster, and better products and services than most of the world. They have the largest homes and cars, the widest variety of products and services, the fastest pace of life, and the greatest consumption of resources.
Americans also have the largest ...

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