Discuss the following:  Free market economies stimulate greater economic growth, whereas state-directed economies stifle growth.  Discuss A democratic political system is an essential condition for sustained economic progress.   I fully go in support of this statement. It is declared that …

Free market economies stimulate greater economic growth, whereas state-directed economies stifle growth. Read more »

Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable due to surrounding economic development?   A profitable motel may shut down in the long run if the …

Why might a profitable motel shut down in the long run if the land on which it is located becomes extremely valuable Read more »