What is an economic system? What are the basic problems of an economic system?Explain the role of government in solving problems that arise from different economic systems.

China’s Global Economic Impact

Discussion Questions:

What is an economic system? What are the basic problems of an economic system?

What are the features of a mixed economic system?

Explain the role of government in solving problems that arise from different economic systems.

Define privatization and trace the history of privatization.

Explain the different routes of privatization.

Give your arguments for and against privatization.

Why is China’s privatization different?

Bring out the nature and causes for globalization of business.

Explain the stages involved in the economic transition of globalization.

Evaluate the impact of globalization on China’s economy.

List the strategies used for globalizing a business.

Natural resources are the wealth of a country’s economy. Discuss China’s key resources.

Evaluate China’s government policies towards management of their natural resources.

Evaluate the impact of economic development on environmental issues.

What is your opinion of your airport’s overall financial situation?Discuss the different levels of privatization and complex relationships that may exist at airports.

John F. Kennedy International Airport Financial Review

As an airport manager, you must utilize sound financial practices in managing your airport. Research and analyze JFK airport’s overall financial situation and address the following:

1- After reviewing financial statements and information, what is your opinion of your airport’s overall financial situation?
Include details on

I. Budget
II. Current O&M expenses
III. Future O&M expenses
III. Capital expenses
IV. Sources of revenue
V. Recommended changes
VI. Other appropriate financial information

2- Capacity status and capital improvement construction projects

3- Ensure you discuss the different levels of privatization and complex relationships that may exist at airports.

Elaborate on each point separately. All sources have to be valid and accessible sources.  add In-Text citation.