Market Economics Vs Mixed Economy

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CANADA
CANADA
-------------------------------------------------
Market ECONOMY (USA) vs. MIxed economy (CANADA)

REPORT CARD
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Market ECONOMY (USA) vs. MIxed economy (CANADA)

REPORT CARD
Austin Jarenz Brandon Konnor
Austin Jarenz Brandon Konnor

CANADA
CANADA
LITERACY RATE = 99% | REPORT GRADE = A | Canada’s government really values the importance of education. This affects the economy in many different ways. If you are a literate person, you will be able to get a job. A job provides you with a pay cheque, which you may then buy products, and pay taxes which in turn keeps our economy going. The tax dollars they pay, go into services our government can provide for Canadian citizens. There is also the possibility of literate citizens starting up businesses. Businesses provides jobs to other Canadian citizens, which provide them with pay cheques, which will benefit our economy even further. Overall, the literacy rate in Canada affects many aspects of our mixed economy. |

LITERACY RATE = 99% | REPORT GRADE = A | The USA’s view on education is much the same as Canada’s. They keep their citizens literate by providing schools for the public. By doing this, the citizens of their market economy are able to obtain jobs. Jobs give workers pay cheques, which allow them to buy things and pay taxes. They could also start-up businesses which will employ people. They too, get a pay cheque and help the economy. Being educated also usually meant the citizens will make better decisions for themselves, which could include things like getting jobs and spending their money wisely. These decisions will ultimately help the USA’s market economy to becoming a more efficient and sound economy. |

LITERACY
LITERACY

CANADA
CANADA
SCHOOL LIFE EXPEC. = 17 yrs. | REPORT GRADE = A | From the governments point of view, the more educated you are, the better. The more schooling you have, the better decisions you make. The better decisions you make, the better it is for the economy. Likely, if you have more schooling, you’ll have a higher paying job. If you have a high paying job, that means you pay more taxes. Tax dollars are what help keep our economy running. Overall, the government wants us to stay in school as long as possible. The outcome of longer schooling is better decision making, and a good job. Both of these things contribute to Canada’s mixed economy tremendously by supplying tax dollars. |

SCHOOL LIFE EXPEC. = 16 yrs. | REPORT GRADE = A | Although the USA’s school life expectancy is 1 less than Canada’s, it is still very good. The government has very similar views with the Canadian government about how long their citizens should stay in school. Much of the same benefits to the economy from Canada’s mixed economy apply to this market economy. The longer you stay in school; a better job you will get that has more pay. This means that this person pays more tax dollars that will ultimately contribute to their economy. Smart people make good, responsible decisions that will help them continue their success. In conclusion, the long schooling process, will ultimately in the end, support the economy by creating (starting businesses) and earning jobs. |
SCHOOL LIFE
EXPECTANCY
SCHOOL LIFE
EXPECTANCY

USA
USA

CANADA
CANADA
LIFE EXPEC. = 81.48 yrs. | REPORT GRADE = A | As Canada is a rich country, it can provide many services for its people. One of those services includes health care. Health care allows Canadian citizens to live a long and healthy life. This affects the economy because it means you can work longer. The longer you work the more tax money you will have to pay. As we know, taxes help keep our small 34 million population economy healthy and prosperous. Taxes go back into things like healthcare, which in turn will help other people live long, who will help pay more
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