Tuesday 8 March 2011

- Australia had a similar package like the Obama stimulus package except ours was called the stimulus package. High income earners recieved $600 and lower income earners recieved $900.
- increase health checks on g/s people get so people have healthy supply of what they want and need.
Australia does not have a scarcity of resources, we have a scarcity of skilled labour
- North Korea suffer shortage of almost every need and want, trade embargo
- why do we have governments? its not always to make a profit
- Australia has a mixed market economy, Government has a larger role in Australian economy than America.

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