MGTA01H3 Lecture Notes - Lecture 7: Mikhail Gorbachev, Mao Zedong, Franklin D. Roosevelt
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MGTA01H3 Full Course Notes
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Review: business is an organized effort to produce, provide and supply goods and services. Roosevelt, mikhail gorbachev, margret: toward the end of the 2000s century, after mao died and peng took over, mikhail took over the soviet union. They realized that the go(cid:448)er(cid:374)(cid:373)e(cid:374)t is(cid:374)"t good at ru(cid:374)(cid:374)i(cid:374)g (cid:271)usi(cid:374)ess (cid:894)fashio(cid:374) (cid:272)lothi(cid:374)g stores, restaurants). New lecture: canada is a liberal, market economy, anyone can start a business. Free enterprise: freedom from bureaucracy and regulation in starting a business. To begin most businesses, you need to start, for example for some business u need to apply for government license. Businesses in canada: (cid:449)e do(cid:374)"t k(cid:374)o(cid:449) ho(cid:449) (cid:373)a(cid:374)y (cid:271)usi(cid:374)esses i(cid:374) ca(cid:374)ada, but canada is always at the top of the list when it comes to people making their own business. An estimate of businesses made in canada is 2,405,000 (know this number); canada businesses are small: small businesses are getting bigger, big businesses getting smaller; small businesses employed more people than big businesses.
