Should Canada's Economy To A Market Economy Or Stay A Mixed?
Economics is the study of the production, distribution and consumption of Goods and Services. Economics is also about making choices. We make all kinds of choices everyday. How much should I spend on gas. What’s the fastest way to work, what should I have for breakfast, should I go to school, should I do my homework, etc. Or maybe more important questions like, should I vote this year, if so what politician, and ultimately the number one question, (at least for this essay), should Canada change their economy to a market economy or stay a mixed? Well first what is a mixed and market economy? A mixed economy is decisions that are based both on the actions of individuals in the market and on government policies and is a system that combines characteristics of market, command and traditional economies. A market economy is decisions are based on the actions of individual buyers and sellers exchanging goods and services with each other. A market economy is a system where the laws of supply and demand direct the production of goods and services. Supply includes natural resources, capital, and labor. Demand includes purchases by consumers, businesses, and the government. Now I do not think that Canada should change to a market economy for these reasons:
Political Support.
Social Justice.
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