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Canada (510,303)
York University (35,409)
ADMS 1000 (546)
Eytan Lasry (108)
Lecture

ADMS CH. 8.doc

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Department
Administrative Studies
Course
ADMS 1000
Professor
Eytan Lasry
Semester
Fall

Description
ADMS Notes CH8qqqqqaThe Canadian Business Enterprise SystemFundamental FeaturesAll companies have some sort of economic or business enterprise systemoWhat goods and services are produced and distributed to societyoHow the goods and services are produced and distributedCapitalism economic system based on following principlesoRights of individualIndividuals have own rights to pursue own selfinterestsie profitsGovt regulations enforce rules that effect how business owners conduct their affairsgovt guidlines of candidate selctionoRights of private propertyTaxationredistributing wealth in societyWhether a product should be nationalized Govt or notIe health careoCompetitionGoal of capitalismoThe Role of the govtLaissez faireOr govt restrictionsGovt as guardian of societyTax Collector RoleoRevenue taxesIndividuals taxes CorporationsoSales tax
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