ECON-4.2

Use concepts from the background readings as well as any good-quality resources you find. Please be sure to cite all sources within the text and a reference list at the end of the paper.
 
 
The paper should be 2-3 pages, double-spaced, Times New Roman, Font 12.
 
The following items will be assess:
 
·      Ability to explain how different economies vary in production
·      Utilization of in-text references to the modular background readings in APA format
 

The essay should address EACH of the elements of the assignment. Please support with references adding website information.