Describe the seven major economic goals upon which most Americans seem to agree.

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Describe the seven major economic goals upon which most Americans seem to agree.



1. Economic Freedom to make personal economic decisions.
2. Economic Efficiency to use the scarce factors of production wisely.
3. Economic Equity to ensure opportunities are just, impartial, and fair.
4. Economic Security to protect against economic adversity such as layoffs and illness.
5. Full Employment so workers earn and income for themselves and produce goods and services for others.
6. Price Stability to avoid inflation=a rise in the general level of prices and help those on fixed incomes= an income that does not increase even though prices rise.
7. Economic Growth so people can have more goods and services in the future.

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