Market Economy

spaced, 12 point Arial or Times New Roman font, normal, 1 inch margins with page numbers, one essay for each prompt. Please remember to answer all parts of the question. Remember to provide analysis and examples as well as correct information, not personal opinions. Please submit all essays in one document and upload your answer document to the dropbox. With all essays in one document (one file) and one works cited page, your total document should be 9-13 pages, total, in length. Do not paste your essay into the comment box on the submission page. Please submit your document as a .doc or .docx file; any other file type will not be accepted by the dropbox and so it will not be accepted by me. Only one submission will be accepted per student. Only submissions correctly submitted will be graded.

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1. What are the main features of a market economy and a command economy? How does each of these systems function in general, and what role does the government play in each? What are some examples of each model? What are some examples of the market-oriented mixed economy? What do these examples illustrate about the strengths and weaknesses of each of the three models? Why has the market-oriented mixed model largely won out over the pure versions of the market and command models? What are the assumptions underlying the classical-liberal, Marxist, and social democratic views on markets? Are some of these assumptions more theoretically compelling than others? Does history support one of the views more than the others?

2. What are the key elements for market-based growth? Why are these elements necessary for an economy to grow? What adverse results are supposed to occur when these key elements are not in place? What are some examples of countries that do not have these key elements in place? Do these examples serve to prove or undermine the market theory?

What are some of the main elements of dependency theory? What was the dependency theory of economic development a response to? What are some examples of countries that adopted the approach recommended by dependency theory? Were they successful? Why or why not?

3. Is a large-scale war among world powers likely in the future? If not, why not? If yes, what would the likely causes be? Are smaller scale or so-called “proxy” wars likely to occur in the coming decades? Where would these kinds of wars be likely to occur? What are the most likely causes of such wars? Is there such a thing as a “just” war? What circumstances make one war more justifiable than others? What are some examples of wars from the past that could be considered “just?” Does it seem likely that wars of this type will be fought in the future? If so, why? If not, why not? Visit https://en.wikipedia.org/wiki/Market_economy for more details.

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4. What are the positive and negative effects of globalization? Does globalization, on balance, benefit or harm the world’s population? Different countries? Particular industries? What are some examples of the good and bad of globalization in each of these categories: effects on society, effects on the economy, and effects on specific industries? How is international law different from and similar to domestic law?

Why is the concept of international human rights controversial despite the many conventions that numerous countries have signed? What concepts underlie most international law? Why are these concepts so influential in the international arena? Does it seem as though national sovereignty is declining in strength as both an idea and a reality? If so, why? If not, why not? What factors could contribute to the maintenance of national sovereignty as the central concept of international relations? What factors could contribute to its erosion?

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