You will investigate a specific business to begin to determine the goals of an economic system and

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You will investigate a specific business to begin to determine the goals of an economic system and the institutions and methods through which market and non-market systems attempt to achieve those goals. Go to a business (store, bank, service business) in your community. Ask what limitations the owners faced in starting their business. Which were limitations imposed by government? Which were limitations of the market place (competing business and/or financial requirements)? Were the government limitations necessary? Should there have been more or fewer limitations? Under what heading for government intervention you would put each of the limitations? Ask what kind of taxes the business pays, and what benefits the owners believe they get for those taxes. Are they satisfied with the existing situation?
Why: What would they change? Please use the Banking Industry.
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Financial Reporting and Analysis

ISBN: 978-0078025679

6th edition

Authors: Flawrence Revsine, Daniel Collins, Bruce, Mittelstaedt, Leon

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