Economics Research Questions Option 1:  Explore how consumer preferences, trends

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Economics Research Questions
Option 1: 
Explore how consumer preferences, trends

Economics Research Questions
Option 1: 
Explore how consumer preferences, trends, and purchasing power affect the market for new products. Discuss the strategies companies use to influence consumer behavior and the economic principles behind these strategies.
• Which strategies do you find most effective, and why? Discuss any ethical considerations or potential drawbacks of these strategies.
•  Consider how changes in consumer behavior might affect the success of new products in the future. What trends do you foresee, and how should companies adapt to these changes?  
OR 
Option 2: 
Analyze the effectiveness of various government policies (e.g., taxation, social welfare programs, education funding) in reducing or exacerbating economic inequality. How can governments balance economic growth with equity? Use real-world examples to support your analysis. 
• Which policies do you believe are most effective in reducing economic inequality, and why? Discuss any limitations or unintended consequences of these policies.  
• Consider how government policies have affected your own community or country. Provide a personal example or observation that illustrates the impact of a specific policy on economic inequality.  
OR 
Option 3: 
In a 2-3 page research using MLA answer the prompt below: 
What is a Labor Union? Should Labor Unions be encouraged? Be sure to outline the benefits of Unions to employees. Also, point out why Labor Unions are generally opposed by employers. Finally, what do you think can be done to encourage Labor Unions? 
****Make sure to use a variety of credible sources, including books, academic journals, and reputable websites, to support your research.  MLA format and 2 page minimum research paper.

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