Economics :: essays research papers

The economical line of work is simply the operation of providing for the material well-being of society.(Heilbr unrivalledr) In my own words, I feel that the economic problem is simply that there argon to many jobs and to many commonwealth that are not qualified for the right job that they can perform. This therefore leads to people who do not have the right job for them to not work, because they feel that that is not the job for them. This could be a huge problem that eventually leads to unemployment. Also as technology improves we will no lifelong need people to do the job but machinery.Tradition is particular rules that have been adapted to society. This is simply being delveed down the family business. there are advantages and disadvantages to this. One advantage is that you are primed(p) in a business and really do not have to worry what you are going to do when you get older. But on the other hand there is a disadvantage, being handed down the family business, you ar e set in that business for basically life and and there is a neglect of progress. And progress is the origin of new goods and services. When dealing with command there is eternally going to be someone who is in charge, the one with all the power, the one who says you do this. Command and slavery are tied together. Central indorsement can help economic progress. Markets are trunks that allows individuals to make their own decisions. there are two dimensions of production and distribution. One being, to organize a system to assure the production of enough goods and services for its own survival. According to Robinson Cruso this direction to be able to live are your own. By doing everything by yourself as opposed to a society working together. And the second dimension being, to dress the distribution of the fruits of its production so that more production can counter place. I think that this basically means to spread the wealth so that