| This book will help you to understand our country s free enterpriseeconomic system--a subject that is very important in your life. Takesome time to think about the many ways in which your life is af-fected by economic matters. In the free enterprise system, theprices you pay for records, for jeans, for concert tickets, or for gas-oline; the pay you earn for the work you do; and the choices youmake in planning a career are all affected by economic factors. Theeconomy affects what courses ere offered in your school and thenumber of students in your classes. The availability of part-time jobsin your area is also shaped by economic matters. Every day you are confronted with information on economicissues. You read or hear about subjects ranging from energy and taxproblems to government spending end the causes of unemployment.And each day you must make a range of economic decisions. Thedecisions that you make affect the overall economy. This book willenable you to better understand the economic information that youreceive and will help you to make wise economic decisions. The free enterprise system in America i$ a distinct system inwhich the citizens, rather than a central authority, are largely re-sponsible f~r making economic decisions. We live in a free countrywhere citizens, acting in their own self-interest, direct how re-sources should be used. Our economy is based on the private own-ership of property and on freedom of enterprise. Americans havethe right to choose their own jobs. They are also free to save, to in-vest, or to spend their incomes in the ways that they choose. Tobecome afull participant in the economy--as a producer end as aconsumer--you must have an understanding of the organization andoperation of the economy. The material in this book will provide youwith the knowledge and insight needed to develop this under-standing. |
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