Beautiful Paradise

I put starts beside questions I was having hard times with. Tell me if the others are fine too.

Who would decide what would be produced?

Producers make decisions on what to do and how to do it,. They make these decisions based upon the market. They determine what is in high demand and what will yield the most gain.

*Who would be able to consume?

Individuals will consume( who else other than individuals?)

*Who would produce the items?

Producers produce goods and services for consumers with the support of ???

How would they be produced?

Items can be produced by natural resources found on land, and could gather items that can build machines for better productions. Could create technology.

*Would you engage in trade? for what? with who?

Yes, engage in trade with other nations for their goods, and vice-versa.

*What items would be provided by the private sector?

Private sector will provide you with Medical care, housing, and religious schooling.

How would you encourage innovation?

Create a supportive atmosphere in which people feel free to express their ideas without risk of criticism. Promote openness between individuals and teams. Give everyone a chance to express their ideas, and focus on how to expand those ideas.

How would you minimize the disadvantages or potential disadvantages of the free market?

Will not let the government regulate supply. More social responsibility, and individuals who exceed at a higher level at work will get more pay than the ones who don't exceed as well.

*How would you minimize the disadvantages of government control?

The price of the products will be determined by the government.

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  1. They all look good.

    However, you should be more specific about the last question. Will the government charge high or low prices for the products? What does the government control?

  2. The government will take a look at all the products, and they will charge the price regarding the quality of the product, if it's a high quality, rich materialized product, then the price will be high, and if the product is of cheap material, the price will be low, the pricing system will be fair. The government will control

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  3. the amount of goods coming in

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