SS 30-2 Chap 12 - Economies

SS 30-2 Chap 12 - Economies

What is better, and what works best for countries?

Economic Equality

• Egalitarianism

• Equality of Opportunity

• Equal Distribution of Income and Wealth

• Collectivism=Egalitarianism

• Individualism=Equal Opportunity

Poll

So where do you think we should be more as a society?

• Egalitarianism

• Equal Opportunists

• Somewhat a mix of both

Command Economies

• High Gov Involvement

• AKA Centrally Planned Economy

• Public Enterprises

• Karl Marx DAS KAPITAL

Free-Market Economy

• AKA Capitalist Laissez-faire

• Private Enterprise

• Little Gov Control

• Supply and Demand/Invisible Hand

• Adam Smith - Wealth of Nations

....but really we need the governement....a little

This means, we actually have a MIXED economy

• a mix of both

• need some gov to make laws

Open Ended

What is the best way that you believe a government can promote equality in their society?