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Organizations like opportunity international

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1. What role could you play in helping less developed countries grow and prosper?  Would you be interested in donating money or time to Opportunity International or some other nonprofit organization?  Where could you find more information?

2. The government in the United States is getting more and more involved in the economy, spending trillions of dollars on education, health care, welfare, and the like. Does that make the United States a socialist country?  What evidence have you seen that the world is moving toward having mixed economies?

3. Explain what Adam Smith meant when he wrote about the Wealth of Nations.

4. Why is there a need for organizations like Opportunity International? Can't poor people get loans from banks and other sources?

5. Identify the four major requirements necessary for a free-market system to operate.

6. What is the main difference between capitalism and a mixed economy?  Which model is used in the United States?

Reference no: EM131194308

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