free enterprise

The opening of economic borders in the early 1980's and the promotion of European free trade after 1990 helped the reconstruction of Eastern Europe and globally lifted 800 million people out of poverty. Behind this unprecedented growth is not only the collapse of state socialism but also a scientific revolution in economics. The recent economic crisis calls for a new commitment to the free-market society, not abandonment, according to the author.

Discusses aspects of the free enterprise system, including specialization of labor, markets, profits, and competition.

Presents an introduction to economics, including information on competitive markets, individual initiatives, economic progress, and the role of limited government, as well as a guide to the twelve essential elements of practical personal finance.

This book describes different types of economies around the world and how do they impact the global society.