Review Economic Theories

Ideally, we wouldn’t have separate classes such as rich, middle class, and poor.

Quality and wide variety of products would not be possible without a free market system.

It is best when people work together and look out of the best interest of everybody.

There needs to be some sort of regulation (rules) on business practices.

If you regulate businesses, it will stifle (stop) growth and innovation.

Governments should spread wealth among all members of society.

Class systems are natural and nothing should be done to interfere with them.

Laws should protect against work days lasting longer than 8 hours.

A separation in classes is ok as long as the upper class does its part to help those who struggle to get by.

Ideally, we wouldn’t have separate classes such as rich, middle class, and poor.