Economic freedom and progress

What is economic progress? What
is freedom?
Two research organizations rank countries by their economic competitiveness with
quite different results. Based on these rankings address the following questions;
 Provide a brief (one paragraph) overview of this week’s material.
 Why do they do reach different conclusions?
 Explain which research organization’s ranking best describes the state of
the world economy. Include support from course materials to support your
explanation.
One ranking comes from the World Economic Forum,
http://www.weforum.org/ It describes itself as follows:
The World Economic Forum is an independent international organization committed to
improving the state of the world by engaging business, political, academic and other
leaders of society to shape global, regional and industry agendas. Incorporated as a
not-for-profit foundation in 1971, and headquartered in Geneva, Switzerland, the Forum
is tied to no political, partisan or national interests.
The report on competitiveness is available at:
http://reports.weforum.org/global-competitiveness-report-2014–
2015/
Another ranking, described in the textbook comes from the Heritage
Foundation http://www.heritage.org/
It describes itself as follows:
Founded in 1973, The Heritage Foundation is a research and educational institute – a
think tank – whose mission is to formulate and promote conservative public policies
based on the principles of free enterprise, limited government, individual freedom,
traditional American values, and a strong national defense.
The report is available at:
http://www.heritage.org/index/Default.a
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Your final product will be a paper that:
 Addresses each of the questions in total.
 Is APA fortatted.
 The body is to be 2 pages minimum.
The requirements for your assignment are:
1. Answer each question fully
2. Define the overall subject of each question.
3. Cite at least three (3) resources from this week’s materials.