23. Explain how a society resolves conflicts between economic and social goals. 24. Describe the five major characteristics of free enterprise. 25. Explain why entrepreneurs are thought to have important roles in the economy. 26. Describe how consumers have influenced the success of products in recent years. 27. List the five major roles that the government plays in the economy. 30. Making Inferences What incentive does owning private property give people? 32. Critical Thinking Look at the chart on page 40. Explain how government involvement differs under communism, socialism, and capitalism. Where on the spectrum does the economy of the United States fit, and why? 33. If the typical minimum-wage employee works 40 hours a week and has two weeks' unpaid vacation, how much will that person earn in a year if the minimum wage is $5.15/hour? How much extra will that person earn for every $0.25 increase per hour in the wage? 35. Most people tip for service in restaurants, but not for service at clothing stores or gas stations. Explain how this illustrates economic behavior by tradition rather than by market or command