A young entrepreneur recently decided to expand his steel business into a small industrial town in Indiana. Which of the following could be a likely effect on the economy?

A. There would be more job opportunities for the local population
B. There will be an over abundance of labor supply which would lead to unemployment
C. The supply of complementary goods would decrease as steel supply increased.
D. There will be a decrease in local property taxes as people move out.

How do you think that attitude affected the outcome of the novel? did the attitude contribute to the fate of the characters ?

Martin is managing a production line in a manufacturing plant in the midwest. martin has a quality and productivity problem in one part of the manufacturing process. he discovers that his workers aren't sure what to do. when he asks why they didn't ask questions, the universal reply is, "we midwesterners don't ask questions, we just do." martin decides to address this problem by offering recognition rewards for anyone who asks the most job-related questions each month that lead to process improvements. unfortunately, martin finds the program doesn't work. when he further questions his workers, he discovers that no one wants to be the first to ask questions. as a group, workers still feel that they should figure it out on their own and not ask questions. martin finds carmen, one of the workers that everyone else admires, and talks her into being the first to ask questions as part of the program. after about a month, several other people begin to submit questions, and soon everyone in the plant is asking questions. refer to case 6.1. martin's plan failed initially because he didn't consider the power of on attitudes.

Match the following items. 1. free enterprise system 2. mixed economy 3. the former soviet union 4. land and capital (a) private and state ownership of business (b) factors of production (c) private ownership of capital (d) command economy