yew lee kuan - free economics and personal finance ......in economy. free market: gov’t reduces...
TRANSCRIPT
![Page 1: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/1.jpg)
![Page 2: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/2.jpg)
Lee Kuan Yew
![Page 3: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/3.jpg)
![Page 4: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/4.jpg)
![Page 5: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/5.jpg)
![Page 6: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/6.jpg)
![Page 7: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/7.jpg)
![Page 8: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/8.jpg)
![Page 9: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/9.jpg)
![Page 10: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/10.jpg)
-British Colony [Independence 1965]
![Page 11: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/11.jpg)
Singapore Stats: -Area: 275 Square Miles-Population: 5 million people-few natural resources-little farmland
America Stats:-Area: 3,800,000 Square Miles
-NYC: 305 Square Miles-Population: 310 million people -vast natural resources-vast farmland
![Page 12: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/12.jpg)
![Page 13: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/13.jpg)
![Page 14: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/14.jpg)
![Page 15: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/15.jpg)
![Page 16: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/16.jpg)
What did Lee Kuan Yew Have The Gov’t do?
![Page 17: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/17.jpg)
![Page 18: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/18.jpg)
How can a government doing nothing help an economy grow?
![Page 19: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/19.jpg)
Fixed Market: Gov’t increases involvement in economy.
Free Market: Gov’t reduces involvement in economy
![Page 20: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/20.jpg)
Fixed Market: Gov’t increases involvement in economy.
Free Market: Gov’t reduces involvement in economy
How does the government
involve itself in the economy?
![Page 21: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/21.jpg)
To Increase Safety & Equality
To Increase Wealth, Business &Trade
![Page 22: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/22.jpg)
How did free market economics help Singapore?
![Page 23: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/23.jpg)
![Page 24: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/24.jpg)
Which free market policy do you think helped Singapore the most? Why?
![Page 25: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/25.jpg)
What is the difference between fixed and free markets?
2. What do you think could be problematic with free market
economies?
![Page 26: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/26.jpg)
![Page 27: Yew Lee Kuan - Free economics and personal finance ......in economy. Free Market: Gov’t reduces involvement in economy. Fixed Market: Gov’t increases involvement in economy. Free](https://reader033.vdocument.in/reader033/viewer/2022060912/60a68dac024cca21206cdc2c/html5/thumbnails/27.jpg)