Title: Compare economic systems and political systems and how they influence businesses.
Course: Business Management (12052-18) > Section: Examining Economic Factors Affecting Business

Comparison should include

- major economic systems
  - market/capitalism
  - command
  - traditional
  - mixed
- three major political systems
  - democracy
  - socialism
  - communism
- influences on business
  - allocation of scarce resources
  - economic goals
    - ownership of private property
    - profit motive
    - competition
    - free markets
  - the role of government
  - regulation
  - taxation
  - enforcement of property rights.