Vermont Computers Is a Manufacturer of Computers on the Large,but

question 249

Essay

Vermont Computers is a manufacturer of computers on the large,but isolated,island nation of New Vermont.Although imports are extremely limited,but there are a handful of computer manufacturers in addition to Vermont Computers.While the government provides some services,such as public education and a well-maintained road system,almost all businesses are privately owned.Home ownership is unusually high,with 80 percent of all families owning their own home.Vermont Computers is selling a state-of-the-art computer for 1,299 veros (the local currency).At this price,the company can fill all orders,but they have no waiting list.What type of economic system exists in New Vermont? Support your conclusions.

---

Definitions:

Begging the Question

A logical fallacy where the argument's conclusion is assumed in one of its premises, often leading to circular reasoning.

Darth Vader

A fictional character in the Star Wars franchise, originally a Jedi named Anakin Skywalker who turns to the dark side.

Luke Skywalker

A fictional character from the "Star Wars" universe, known as a Jedi who plays a pivotal role in the defeat of the Galactic Empire.

Fallacy of Context

An error in reasoning where the context necessary to understand or properly apply an argument is ignored or misrepresented.