Why you would be motivated to work in market economie


Problem

1. Suppose you are a farmer. Explain why you would be motivated to work in traditional, command, and market economies.

2. Karl Marx believed the market system was doomed. Why do you think he was right or wrong?

3. If all real-world economies are mixed economies, why is the U.S. economy described as capitalist, while the Cuban economy is described as communist?

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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Macroeconomics: Why you would be motivated to work in market economie
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