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Presentation). He means that the market will decide for the manufacturers
how much of a product to produce. This idea stems from the concept of
laissez faire which means to leave alone, or to let happen. This refers to
government intervention of the economic process.
There are many available opportunities for jobs, for those with an economic
degree. The United States government is always willing to hire, but if that is
not for you: business firms, banks, and other financial institutions also hire.
There are also many other jobs at your fingertips, such as law, journalism,
teaching, politics, and financing. The United States Bureau of Labor Statistics
did a study that showed that jobs relating to economics are expected to grow
by twenty percent in the next ten years. The average starting salary for an
economist starts around $27,000, which is not as good at the salaries of
marketing and accounting.