Devry BUSN115 Week 1 Homework

BUSN 115 Week
1 Homework
Prepare a two- to three-page paper in APA style, sixth edition
format that describes, explains, addresses, and answers the following questions
or statements.
Which economic system is best suited for handling a crisis of epic
proportion (hurricane, flood, blizzard, forest fire, and so forth)? Why? (10
points)
Describe and explain why a socialist system might be the best in
responding to the needs of people struck by an emergency situation like the
earthquake that occurred in Haiti in January 2010. (10 points)
Use the laws of supply and demand to explain why the cost to heat
our homes and businesses goes up in the winter time. Be sure to explain your
answer fully. (10 points)
Include APA style in-text citations, as well as a reference
section. (5 points)