Think of a business firm you recently visited (such as Walmart,
Home Depot, Red Lobster, Barnes & Noble, McDonald’s, etc.).
What motivated the producers of all the individual products in the
store to make them and offer them for sale? How did the producers
decide on the best combinations of resources to use? Who made those
resources available, and why? How does the market determine who
will get the goods and services? Who decides whether these
particular products should continue to be produced and offered for
sale? How do these decisions differ between capitalist and
socialist systems?
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