Xem mẫu
An Overview of the Market System & the Canadian Economy
Chapter 4
SLIDES PREPARED BY JUDITH SKUCE, GEORGIAN COLLEGE
© 2002 McGraw-Hill Ryerson Ltd. Chapter 4 1
In this chapter you will learn
The basic institutions required for a market economy
The Four Fundamental Questions any economy faces
How the “invisible hand” helps to close the gap between private & public interests
The role of government in a market economy About the structure of the Canadian economy
© 2002 McGraw-Hill Ryerson Ltd. Chapter 4 2
Chapter 4 Topics
Characteristics of the Market System The Market System at Work Competition and the Invisible Hand Market Failure
The Circular Flow Revisited
Structure of the Canadian Economy & Its Evolution Over Time
© 2002 McGraw-Hill Ryerson Ltd. Chapter 4 3
The Market System
Six basic facets: private property
• individuals & firms own resources
© 2002 McGraw-Hill Ryerson Ltd. Chapter 4 4
The Market System
Six basic facets: private property
• individuals & firms own resources • also intellectual property
© 2002 McGraw-Hill Ryerson Ltd. Chapter 4 5
...
- tailieumienphi.vn
nguon tai.lieu . vn