What are the disadvantages of your theory


Homework

Unlike in the first discussion board, in this one you'll be assigned an economic theory based on the first letter of your last name. In this first part of our discussion board, each of you is going to be assigned one of the three economic theories discussed but also throughout the chapter) You shouldn't need anything other than the book and/or module videos to do this homework, but you can also use other internet sources if you would like, so long as they are reputable. Ideally, post your response below rather than uploading it as a word document/PDF, since that's harder for your classmates to read. I would like you to compose a 300 to 500 words post that summarizes the following about your theory:

1. What are the basics of your political-economic theory? What is the role of the state in your theory? What is the role of the market?

2. What are the advantages of your theory? Why might a state want to follow it?

3. What are the disadvantages of your theory? Why might a state not want to follow it?

4. What do you think of the theory? Do you find it compelling? Do you think it's problematic? Why?

If your last name starts with the letter A through the letter G your theory is: Economic Liberalism

If your last name starts with the letter H through the letter M your theory is: Radicalism

If your last name starts with the letter N through the letter Z your theory is: Mercantilism

Format your homework according to the give formatting requirements:

1. The answer must be double spaced, typed, using Times New Roman font (size 12), with one-inch margins on all sides.

2. The response also includes a cover page containing the title of the homework, the course title, the student's name, and the date. The cover page is not included in the required page length.

3. Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.

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