 | Chapter Objectives (See related pages)
The three questions of economics. |
 |  |  | The concepts of the profit motive, the price mechanism, competition, and capital. |
 |  |  | Market failure and externalities. |
 |  |  | The economic role of capital. |
 |  |  | The "isms": capitalism, fascism, communism, and socialism. |
 |  |  | The decline and fall of the communist system. |
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