The theory of market economies emphasizes freedom of choice and limited government intervention. The classic argument for government intervention is market failure - the inability of the market economy to correct itself from a dysfunctional state (such as the Great Depression).Examine one case of significant government intervention as it relates to your current industry of employment or an industry in which you are interested in working.  Examples of intervention programs include, but are not limited to:US agriculture support programsLow income support programs (Food Stamps, Earned Income Tax Credit, Child Tax Credit, and Temporary Assistance to Needy Families)Medicaid, Children's Health Insurance Program, ObamacareLow income rent controls and housing vouchersGovernment promoting renewable energy sources, discouraging fossil fuel sourcesDevelop a 16-slide presentation including detailed speaker notes or voiceover including the following:Describe the intervention and detail its history.Analyze the arguments for government intervention as opposed to arguments for market-based solutions.Examine who may be helped and who may be hurt by the selected government intervention.Examine externalities and/or unintended consequences of such intervention.Determine the cost trend of the intervention program since its implementation.Evaluate the success or failure of the intervention in achieving its objectives and develop conclusions.Defend the use of or discontinuation of the selected intervention.

As a manager, it is important to understand how the business cycle affects supply and demand, prices, and how economic shocks will impact your company's markets, supply chain, and financing. The recent collapse of the housing market, the near failure of our financial system, the wild swings in commodity and stock prices, and the deep recession of 2007-2009 provide a virtual laboratory for the study of the economic shocks and stabilization measures taken to restore equilibrium.Create a 1,400-word analysis based on the assigned market in which you include the following:Analyze the economic and sociological forces that drove the market equilibrium to unsustainable heights and the shocks that brought the markets back down. What might be done to moderate the effects of these economic swings?Discuss specific changes in supply and demand.Examine prior government policies and legislation that exacerbated the impact of the shocks.Evaluate the actions of the federal government and the Federal Reserve to restore equilibrium. How effective were these counter-cyclical policies?

Select a foreign market in which to expand your chosen product.Write a 1,750-word paper (including any material you include from your Week 3 assignment) detailing your findings. The use of tables and/or charts to display economic data over the time period discussed is highly encouraged.Describe current global economic conditions and their effect on local macroeconomic indicators in your selected country. Consider forecasts for population growth, GDP growth, GDP per capita growth, export growth, and sales growth.Evaluate the competitors' existing production in the chosen country.Evaluate forecast sales in the selected country.Determine the type of economy that exists in your selected country - closed, mixed, or market.  What is the difference between these types of economies and how might this affect your expansion?Describe how your chosen country's current credit market conditions affect demand for your product or service and your planning or operating decision for your production in that country.Analyze the role of the selected country's central bank on that country's economy.Evaluate the availability, education, and job skills of the work force in the selected country. Discuss the additional challenges of international production, such as political stability, availability of government financing or other incentives, threat of capital controls, and exchange rate risks.Discuss any additional supply chain challenges you anticipate if attempting to sell your product made in your chosen country to countries outside of that market.Discuss any comparative advantages your company will have over competitors in that country.Recommend either for or against expanding your company's production into your chosen country based on your research.