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Countries
What? How? Who?
Pros Vs Cons
100

This country with a mixed market economy separated  itself from a colonial power in the year 1776. 

The United States of America

100

Businesses respond to these two things in order to drive a profit

Supply and Demand

100
Setting this type of wage can backfire by reducing available jobs

Minimum Wage

200

This country has a strong market economy with social programs like Universal Healthcare and strong labor protections

Canada

200
Examples of government interference with the production of goods include Taxes to fund Welfare, Healthcare, and ____________

Public Services

200

This right lets individuals buy, sell and control land or buildings. Even in a system with government involvement 

The right to private property 

300

Substantial Welfare state with a market economy 

United Kingdom 

300

How goods are produced is mainly regulated by the: 

Government

300

These payments fund welfare protections but can cause frustration when they climb too high

Taxes

400

This country has a lot of government control over business with some room for private enterprise

China

400

In a mixed economy, who consumes the products is typically decided by the ___________

Market/Businesses
400

This form of government support in a mixed economy helps the poorest members of society meet basic needs

Welfare

500
This country has close cooperation between the private and government sectors  (Think Nintendo)

Japan

500

In a mixed economy, businesses must follow ________ and ____________ set by the government. 

Rules and Regulations 

500

When private businesses get too cozy with the state, this form of misconduct can undermine trust in the system. 

Government Corruption