Title: Describe how the economy influences the ability to produce goods.
Course: Production Systems (13101-36) > Section: Examining Technology and Society

Description should include

- availability of resources
- consumer spending
- taxes and tariffs
- job creation/human resource considerations.

Process/Skill Questions:

- What is capitalism and where is it most common?
- What economic decisions lead companies to produce products in the United States?
- What economic policies result in U.S. companies producing products outside the United States?
- What is gross domestic product (GDP) used to measure?
- Why might parts of a product be produced or processed in multiple countries before being assembled and sold?
- What is the link between consumer spending and job creation?
- When manufacturers demand more raw materials, how might it affect other sectors?
- What role does the economy play on the cost of production?