GMS 724 Study Guide - Midterm Guide: Capitalism, Social Dividend
11 Nov 2018
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In many countries, these sorts of freedoms are taken for granted, they rarely cross one"s minds. Economic freedom today: worldwide, economic freedom advanced in 2011, regaining some momentum it had lost during the great financial crisis and ensuing global recession. In 2001, regaining some momentum it has lost during the great financial crisis and ensuing global recession. Zealand, switzerland, and canada: the least free economies include north korea, cuba, zimbabwe, eritrea, and venezuela, the united states dropped to ninth place in 2011 largely due to increased government spending, debt and regulations. Its score 77. 8 placed it in the "mostly free" category. In 2007, the united states ranked fifth with a score of 81. 2 and placed in the "free" category. The value of economic freedom: economic freedom helps explain a country"s development, performance, and potential, higher-related countries generally outperform laggards on a variety of measures, countries with high economic freedom have higher rates of growth and productivity.
