Economic Goal

Review the six economic goals discussed in this section. Then, in a paragraph of at least five sentences, describe the goal you feel is the most important to a country and explain why you feel this way. Be sure to provide at least two logical reasons to support your choice.

Here are some examples that will help you understand each of the six economic goals. You should have something similar for each of these listed below.

1. Efficiency: Possible examples: An assembly line, a group of people working as a team
2. Freedom: Possible examples: Someone choosing to buy a house in a particular neighborhood; someone choosing a career
3. Security: Possible examples: Going to the gas pump and buying gas; knowing there are items that you depend on for survival, like knowing that the medicines you need will be in the pharmacy
4. Equity: This is a difficult one! It is rare to find any economy where everyone makes the same amount of money.
5. Growth: Possible example: a new factory being built
6. Innovation: Possible example: new products on the shelves