Monday, October 26, 2009

mercantilism vs. free enterprise

Mercantilism: government controls what is bought, sold, etc. so that the nation can become wealthy.

Free Enterprise: people can buy, sell, etc. as they wish...competition

Questions:
1. What would the US be like today if we had a mercantilism economy?

2. What do you NOT like about Free Enterprise?

3. What do you LIKE about Free Enterprise?



Answer all for full credit!!!!!!!!

11 comments:

  1. It would be bad because people wouldn't be free to buy whatever they would want.

    Nothing,Free Enterprise is the best!!!

    I would get to buy the kind of shoes i like and i would get to sell my music to my friends ...
    "what about u?"

    Alyssa .P.

    ReplyDelete
  2. 1.we wouldn't be free
    2.i like all of it
    3.we are free to buy and sell what ever and where ever we want to
    trinity reed

    ReplyDelete
  3. free interprise is a good thing today because we dont want to just by from one place, we want to buy from a lot of places. so i really love free interprise.

    ReplyDelete
  4. Here`s two things that I about the free enterprise.That you can buy stuff that you need and sell stuff that you don`t need.

    Love,
    Michael L.

    ReplyDelete
  5. i like free enterprise because we get to pick what we want and were we get stuff at

    ReplyDelete
  6. i love freeinterprise because if we could only buy from where we live, it would be terrible. i love freeinterprise, what would we do if we did not have free interprise.

    love,
    garrett g.

    ReplyDelete
  7. Being able to buy form whom ever we please.
    Kassie G.

    ReplyDelete
  8. If the US had mercantilism in the economy we would have a wealthy, dirty environment. What I hate about free enterprise is that you have competing brands. What I love about free enterprise is that you have freedom in buying, shopping, and land.
    Eric R.

    ReplyDelete
  9. We wouldn't Be Free



    joel m

    ReplyDelete
  10. there would still be slaves.there high prices.we can buy what we want.


    cayden c.

    ReplyDelete
  11. i don't think it would be the best nation and i think there would be slaves just like cayden said.I'm also pretty sure we wouldn't have as many people.Sometimes the prices are really high because the people get to pick.The government does'nt control it.
    Raylie H.

    ReplyDelete