Economic Laws
Prepare a 2-3 page paper using APA format discussing problem 12 in the “Problems to Ponder” section at the end of chapter 2. Be as specific as possible.
Are poor countries somehow “different” than wealthy countries?
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How can firms and markets increase the wealth of poor countries? Be sure to address each question in the problem.
You may include a discussion of some of the Ten Principles of Economics in your paper.
Your paper should reflect scholarly writing and current APA standards. Please include citations to support your ideas.
| Grading Criteria Assignments | Maximum Points |
| Meets or exceeds established assignment criteria | 40 |
| Demonstrates an understanding of lesson concepts | 20 |
| Clearly presents well-reasoned ideas and concepts | 30 |
| Uses proper mechanics, punctuation, sentence structure, and spelling | 10 |
| Total | 10 |
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