Key Concepts: The Market System, Households, Business Firms, The International Sector, Linking the Sectors

Geographic.org

Select the "Country Ranks" link and review the current ranking information of Gross Domestic Product (GDP) and GDP per capita under the "Economy" section.

• What economic and political factors may explain the referenced "GDP per capita" ranking information?

World Competitiveness Yearbook

Review the current global ranking of economic competitiveness under the "Ranking 2001" link.

• Why is the U.S. economy the most competitive in the world?

2001 Corruption Perception Index

Scroll down the web page to the current "corruption perceptions index" assessed by business people, analysts, and public officials.

• Explain why we tend to find freer or less corrupt countries to be more efficient or competitive and to generate a higher standard of living.