Illustrating the Relationships of the Economies and its Principles

Name
Title
University
Instructor
Date
Question 1
The great economy or extra economy
The human economy or the lesser economy
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Question 3
1 Berry refers the Great Economy as the kingdom of God and also explains the gifts of nature which our livelihoods depend on in the great economy.
2 Berry links the great economy to serve a great source of abundance and the little human economies seeks the daily bread within.
Question 4
1 The factors of production, land, labor and capital are mobile and accessible to all citizens of the country.
2 There is private ownership of land, with no government intervention hence all citizens have fair access to land in capitalist economy. This enables firms and individuals to produce effectively.
3 In capitalist economy, there is an economi...