What Economic System Produces the Best Quality of Life?

Summative Presentation
Purpose:
The purpose of this assignment is for you to show that you have developed an accurate
understanding of free market and mixed economic systems (it is also possible to include
discussion of command economies). Individuals have a significant effect on both economic
systems. In turn, economic systems effect the quality of life of individuals.
Objectives:
By the end of this assignment, you will be able to:

Explain quality of life.

Explain what determines quality of life.
Identify the key features of free market and mixed economic systems.
Appreciate how these economic systems affect quality of life.
Make a reasoned judgment of the extent to which economic systems should affect quality
of life.

Scenario:
A new western nation has declared independence and called itself Utopia. The government of
this new nation wants to create the best quality of life that it can for its citizens. This government
is concerned about the extent to which government intervention in the economy will produce a
better quality of life. You are an economist with an understanding of free market and mixed
economic systems. The government of Utopia has made an appointment with you to help them
consider which economic system will produce the best quality of life for its citizens.
Procedure:
You will create a 10-15 minute presentation using one of the following mediums:

Powerpoint
Prezi
Detailed visual with explanation
Tri-fold
Video
Music
Skit

The goal of this presentation is to answer the question: What economic system produces the
best quality of life?
Your presentation should also consider the following questions:

What is quality of life?

What forces affect free market and mixed economic systems?
In what ways do economic systems affect quality of life?
To what extent should economic systems affect quality of life?

You are making and argument. You are free to use any of the evidence that we have discussed in
class. However, you must also discuss one of the articles provided in your argument.

Presentations will be held on March

You must submit any electronic presentations (Powerpoint,
Prezi, videos, and electronic songs) to the folder titled:
Economics quality of life presentations on Google docs.

(Breen, 2014).