Study Document
Irish Economics Economic Systems and Term Paper
Pages:1 (392 words)
Sources:1+
Subject:Government
Topic:Irish Republican Army
Document Type:Term Paper
Document:#43071521
The economy is market-oriented, and highly technologically advanced. Primary sectors include petroleum, steel, motor vehicles, consumer goods, aerospace, and telecommunications (CIA the World Factbook, United States).
Both Ireland and the United States have a high degree of economic freedom. The Heritage Foundation ranks Ireland as the world's 7th freest economy, with high levels of investment, financial, business, and property rights freedom. However, labor freedom is the weakest area for Ireland (Heritage Foundation, Ireland).
The Heritage Foundation ranks the United States as the world's 4th freest economy. Interestingly, the Hertiage Foundation notes "America could do slightly better in fiscal freedom and freedom from government" (Heritage Foundation, United States), while Ireland has more freedom from government (Heritage Foundation, Ireland).
References
CIA the World Factbook. 2007. Ireland. https://www.cia.gov/cia/publications/factbook/print/ei.html
CIA the World Factbook. 2007. United States. https://www.cia.gov/cia/publications/factbook/geos/us.html
Heritage Foundation. 2007. Ireland. http://www.heritage.org/research/features/index/country.cfm?ID=Ireland
Heritage Foundation. 2007. United States. http://www.heritage.org/research/features/index/country.cfm?ID=Unitedstates
Commanding Heights, PBS. United Kingdom. http://www.pbs.org/wgbh/commandingheights/lo/countries/uk/uk_political.html
Sample Source(s) Used
References
CIA the World Factbook. 2007. Ireland. https://www.cia.gov/cia/publications/factbook/print/ei.html
CIA the World Factbook. 2007. United States. https://www.cia.gov/cia/publications/factbook/geos/us.html
Heritage Foundation. 2007. Ireland. http://www.heritage.org/research/features/index/country.cfm?ID=Ireland
Heritage Foundation. 2007. United States. http://www.heritage.org/research/features/index/country.cfm?ID=Unitedstates
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