Social Studies, 24.05.2021 20:40 xandraeden32

Choose 4 of these discussion questions below and write a well-developed paragraph answering them. Be specific and well-rounded with your answers. ECONOMICS

1. Discuss the Advantages of Competition in detail.

2. Discuss the significance of Adam Smith in economics.

3. Compare the characteristics of a free enterprise system and a communist system.

4. Describe the advantages of a free market.

5. List 3 types of business organizations and give their advantages and disadvantages.

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