dentifies three economic systems (market economy, command economy, and mixed economy). In one sentence, give the name of your country’s economic system. In 5 to 7 sentences, explain your answer. Provide specifics about your country.

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MGMK 4710

INTERNATIONAL BUSINESS

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UNIT 1: GENERAL ENVIRONMENTS

ESSAY QUESTIONS 1.2.

JAPAN

Alyssa Parsley

 

 

Instructions for Essay Questions 1.2:

· Go to Essay Questions 1.2.

· Your answers must have a title that looks like the one above. Write your country’s name and your team members’ names. (ALREADY WRITTEN. COUNTRY IS JAPAN)

· Write question # (e.g., Question 1), delete all directions, then provide your answer.

· For each question, break your answer into two or more paragraphs. Single-space your answers.

· In your answers, provide specifics related to your country (that is, do not be generic)

· Each answer must show that you have read relevant concepts from the Study Guides.

· Provide references of your source(s).

 

 

QUESTION 1:

Chapter 4 identifies three economic systems (market economy, command economy, and mixed economy). In one sentence, give the name of your country’s economic system. In 5 to 7 sentences, explain your answer. Provide specifics about your country.

 

QUESTION 2:

Using the table below (please write your country’s name), key in your country’s economic data. Make sure the entire table is on the same page (a table should not stretch over two pages).

 

Table 1. United States’ economic data

Years Gross Domestic Product Population Per capita income ($)

(GDP/population)
  $million % Growth In million % Growth  
2011   N/A   N/A  
2012          
2013          
2014          
2015          
2016          
2017          
2018          
2019          

In 7 to 10 sentences, use the data in Table 1 above to evaluate your country’s economy. NOTE: When doing your evaluation, focus on how GDP (size of the economy) has changed overtime (percentage growth of GDP), and the level of per capita income (high-, middle- or low-income). You can see the breakdown of economies by per capita income by exploring “Useful Internet Links” I have provided in D2L under Content.

 

 

4

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