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What do you presume had happened to get the U.S. corporations and workers to take their eyes off of their own economic interest? It seems the "carrot" of cheaper prices were dangled in front of them, but they didn't perceive the "sucker punch" of occupational layoffs that was inevitable in its wake. After all, we did, and do have economists such as Alan Greenspan, and now Ben Bernanke, who watch economic trends and make known their predictions.
How could this have happened?
Answer must be original and does not have to be very long maybe 150 words or so
What are the three methods that societies have used to allocate their scarce resources? Give an example of each method. Give an example of a good that uses all three methods at onc
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