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Economic liberalism

Terms and Questions, Chapter 3 Palmer Textbook

Subject: 
European History
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economics
Economic ideologies
Economic history
behavior
Political economy
Economies
Social philosophy
Economic liberalism
Capitalism
Mercantilism
Commercial Revolution
Usury

AP Euro Homework, Chapter 3 (Palmer) Please know the following terms at a minimum: emergent capitalism Columbian Exchange cultural relativism commodity (as in sugar...) conquistadore mestizo mulatto Manila galleons inflation capital "putting out" system spinster naval stores usury commercial capitalism mercantilism (!) tariff system yeomanry landed gentry freeholder grands seigneurs bourgois bourgeoisie hidalgos tax exemption robot Treaty of Tordesillas Potosi mines Know who the following people are and how they impacted this phase of European history: Vasco de Gama St. Francis Xavier Hernando Cortes Francisco Pizarro Magellan Pedro Cabral Johann Fugger

Ch 2 AP Micro econ

Subject: 
Economics
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economics
Economic systems
Economic liberalism
Economic ideologies
Political economy
Capitalism
Individualism
Business

The Market System and the Circular Flow 02 McGraw-Hill/Irwin Copyright ? 2012 by The McGraw-Hill Companies, Inc. All rights reserved. The Market System Known as capitalism Characteristics of market systems: Private property Freedom of enterprise and choice Self-Interest Competition Markets and prices Australia, Switzerland, and the U.K. LO1 2-* Global Perspective LO2 Index of Economic Freedom, Selected Nations 2-* Technology and Capital Goods Advanced technology and capital goods are encouraged Specialization Division of labor Geographic specialization LO2 2-* Active, but Limited Government Government may be needed to alleviate market failures Government can increase effectiveness of a market system LO2 2-* The Five Fundamental Questions

test21-10

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Geometry
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Political philosophy
Classical liberalism
liberalism
Political spectrum
Democracy
Thomas Jefferson
Jeffersonian Democracy
Economic liberalism
Political economy
Agrarianism
Laissez-faire

Jefferson?s Presidency is considered a transitional period in US History. Many historians look at this time period as the beginning of ?true democracy?. Jeffersonian democracy Champion for the common man?.Believed education would prepare them for participation in government?.. But for now, educated should rule? KING GEORGE FEDERALISTS JEFFERSON Jeffersonian democracy Visualized an agrarian society Feared industrialization and its effects ?. Farmers were the chosen class. Laissez faire--govt. stays out of people?s lives Against BUS but did not repeal it. Owned slaves but believed it was evil?.Slavery would end but predicted it would divide U.S?Ultimate goal, Blacks would assimilate into American society

test21-4

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Art History
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economics
Economic liberalism
Political spectrum
Individualism
Political economy
Business law
Business
Corporations law
Corporation
Laissez-faire
Competition law
Capitalism

An economic belief supported by the U.S. that opposes the government regulating business. In the late 1800?s businesses operated without much government regulation. This is known as laissez-faire economics. Laissez-faire means ?allow to be? in French. Laissez faire supports our economic system of capitalism Economic system characterized by private property ownership Individuals and companies compete for their own economic gain (Profit) Capitalists determine the prices of goods and services. Production and distribution are privately or corporately owned. Reinvestment of profits Supports laissez faire and the ?free enterprise? system Economic system based on cooperation rather than competition Believes in government ownership of business and capital

business terms

Subject: 
Economics
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Economic systems
economics
Economies
Economic ideologies
sociology
Capitalism
Economic liberalism
Planned economy
Mixed economy
Market economy
Market

1-3 Economic Systems Goals: Identify the three economic questions Differentiate among the main types of economic systems Describe the economic system of the U.S. Key Terms (Countries) Economic system ? a nation?s plan for answering the three economic questions Command economy ? the resources are owned and controlled by the government Market economy ? the resources are owned and controlled by the people of the country Traditional economy ? goods and services are produced the way it always has been done (African countries) Mixed economy ? combines elements of the command and market economics Capitalism - refers to the Three economic questions: What to produce? How to produce? What needs and wants to satisfy? The U.S. Economic System Four principles: Private Property

Agenda for a New Economy

Subject: 
Economics
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economics
Economic systems
Business
Economic liberalism
Simple living
Classical liberalism
Social philosophy
David Korten
Free market
Capitalism
Gift economy
Christopher Lasch

I agree with much of what David Korten has to say in his new book, Agenda for a New Economy. It's hard not to. It's a virtuous book, virtuous because it's right about so many things. As far it goes. ??Unfortunately, like many virtuous books it shares the defect of being long on describing what is and what should be but is critically short on how and why its prognoses and prescriptions are logically plausible, hence possible. In other words, it is largely a book of description and assertion without a rigorous polemic that grounds either in a compelling chain of reasoning.??This is not so much of a problem when Korten is describing what ails us- what he calls Wall Street's phantom wealth economy.
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