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Wk 2 Discussion – Legal Influences on Economic Concentration [due Day 3]
Post a total of 3 substantive responses over 2 separate days for full participation. This includes your initial post and 2 replies to other students or your faculty member.
Due Day 3
Innovation and physical capital are 2 of the 4 factors of production.
Respond to the following in a minimum of 175 words:
- Discuss some specific ways that 1 of the following laws increased the productivity of 1 or both of these factors of production:
- 1862 Pacific Railway Act
- 1956 Federal Aid Highway Act
- 1946 Federal Airport Act
- What other examples of economic concentration can you share?
- What are the risks and advantages to economic concentration?
- How has economic concentration influenced your industry?
Due Day 7
Reply to at least 2 of your classmates or your faculty member. Be constructive and professional.