USA National Standards for Concept "Taxes"
National Standard Number: 14
Entrepreneurs are people who take the risks of organizing productive resources to make goods and services. Profit is an important incentive that leads entrepreneurs to accept the risks of business failure.
Online lessons on US Standard 14 from the National Council on Economic Education Website.
National Standard Number: 16
There is an economic role, such as provide for national defense, address environment concerns, protect property rights, and make market more competitive, for government in a market economy whenever the benefits of a government policy outweigh its costs.
Online lessons on US Standard 16 from the National Council on Economic Education Website.
