Answer each question with a 100 word min. - No APA format needed.

1. What kind of economic system do we have in the United States?

2. Are there public functions that might benefit from more competition, including competition from private firms?

3. Do you believe economic principles apply in both private and public organizations? Why?

4. How growth affects the world.

5. Why the United States has the most billionaires in the world.

6. What is the Global Trade System?

7. Can you identify some of the pros and cons of the economic systems in the United States? What about other economic systems?

Provide a 200-word response for each question. Include references where appropriate.

Use the current US based business selected in Week 1. - Need to choose a specific airline going forward. Delta or United (please choose either one)

Complete the Economic Impacts on US Based Businesses Worksheet using 200-word responses for each of the questions. Cite at least two references, at least one of which must come from the University Library. Format your references consistent with APA guidelines.

1. Discuss the different economic systems and how they compare to the US economic system.

2. Explain the impact supply and demand has on the pricing for your chosen business.

3. Explain how your business would operate differently if it was part of a different economic system.