Question: Define the next economic system as we slide left on the spectrum. Be sure to include the principles/values of this system. What countries have this

Define the next economic system as we "slide left" on the spectrum. Be sure to include the principles/values of this system. What countries have this type of system? What positive impacts on the economy/society does this system offer? What are the negative aspects to this system

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1. Identify your reference point when making a decision based on an element of risk.

3. If there are reasonable alternatives, think about your decisions based on the different reference points and see if there are any contradictions in the decisions.

4. It is only at this point that you can give the problem your full attention in relation to the various ways you have framed the problem.