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DSS Which of the countries has the least freedom to do business? (explain why next to your answer) a. Brazil b. Canada c. Cuba d. Russia.

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Presentation on theme: "DSS Which of the countries has the least freedom to do business? (explain why next to your answer) a. Brazil b. Canada c. Cuba d. Russia."— Presentation transcript:

1 DSS Which of the countries has the least freedom to do business? (explain why next to your answer) a. Brazil b. Canada c. Cuba d. Russia

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3 Who owns businesses and farms? Private citizens and corporations

4 Who decides what to produce and how much to produce? Private citizens and corporations

5 Who decides how goods and services will be produced? Private citizens and corporations

6 Who decides distribution methods and prices for goods and services? Private citizens and corporations

7 Who decides the prices for goods and services? Buyers and sellers based on supply and demand

8 How are property rights protected? Laws and a good court system protect peoples property rights

9 How difficult is it to start your own business? Very easy, in a few days

10 Who owns businesses and farms? Mostly owned by the government; some private ownership of small farms or businesses

11 Who decides what to produce and how much to produce? Government planners

12 Who decides how goods and services will be produced? Government planners

13 Who decides distribution methods and prices for goods and services? Government planners

14 Who decides the prices for goods and services? Government planners

15 How are property rights protected? Some personal property rights allowed, but judges and the courts are run by the central government

16 How difficult is it to start your own business? Very little private business allowed

17 Who owns businesses and farms? Private citizens and corporations for the most part; the government owns some larger industries such as steel

18 Who decides what to produce and how much to produce? Private citizens and corporations for the most part; the government controls some larger industries such as steel

19 Who decides how goods and services will be produced? Private citizens and corporations for the most part; the government controls some larger industries such as steel

20 Who decides distribution methods and prices for goods and services? Private citizens and corporations for the most part; the government controls some larger industries such as steel

21 Who decides the prices for goods and services? Buyers and sellers based on supply and demand

22 How are property rights protected? Laws are in place, but a poor court system is a problem for protecting property rights

23 How difficult is it to start your own business? Somewhat time-consuming


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