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Define the nature of U.S. business and identify its main goals and functions.

1. Define the nature of U.S. business and identify its main goals
and functions.
2. Describe the different types of global economic systems
according to the means by which they control the factors of production.
3. Show how markets, demand, and supply affect resource
distribution in the United States.
4. Explain the importance of the economic environment to
business and identify the factors used to evaluate the performance of an economic
system.

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