Living in the Environment 18th Edition by Tyler Miller,Scott Spoolman

تمرين 18

What is the key concept for this section Define economics and economic system. Describe the interactions among supply, demand, and market prices in a market economic system. Explain why a truly free-market economy rarely exists in today's capitalist market systems. What are subsidies Distinguish among natural capital , human capital (human resources) , and manufactured capital (manufactured resources).