Solution Library

Discuss Factors Affecting Index in Economic Freedom Index Of 2014


The 2014 Index of Economic Freedom tracks the level of economic freedom in 186 countries.  Economic freedom means that individuals are free to work, produce, consume, and invest in any way they please.  In countries with economically free societies, governments allow labor, capital and goods to move freely, and with few constraints.

The index measures economic freedom based on 10 factors, grouped into four broad categories:  (1) Rule of Law - property rights & freedom from corruption; (2)Limited Government - fiscal freedom & government spending; (3) Regulatory Efficiency - business freedom, labor freedom, & monetary freedom; and, (4) Open Markets - trade freedom, investment freedom, & financial freedom.

Go to the 2014 Index of Economic Freedom (  Select “Country Rankings.”  Find the “United States” and click on it to read why it is ranked the way it is.  Select and read about two other countries - ones that differ substantially in their rankings.  Next, click “Graph the Data” to visually compare your three countries across the ten factors.  Discuss the biggest similarities and differences.

Review the replies your peers made in Part 1 of this discussion as to three ways their current life was different because of the economic system they had lived under. Which difference can you most personally relate to? Of the 10 factors in the index, which factor seems most associated with the difference you chose?  How does the Index of Economic Freedom suggest that difference is likely to change in the future?



The question belongs to Economics and it discusses about Index of Economic Freedom of 2014 for 186 countries and to find the factors that are affecting the index and the difference likely to change in the future.

Total Word Count 333


Download Full Solution


  • HWA

    this is a very good website

  • HWA

    I have 50 questions for the same test your page is showing only 28

  • HWA

    hi can you please help or guide me to answer my assignments. thanks

  • HWA

    hi can anyone help or guide me to my assignments. thanks

  • HWA

  • HWA

    This solution is perfect ...thanks

  • HWA

    Hello Allison,I love the 2nd image that you did! I also, had never heard of SumoPaint, is something that I will have to exolpre a bit! I understand completely the 52 (or so) youtube videos that you probably watched. Sometimes they have what you want, sometimes they don't! However, it is always satisfying when you are able to produce something that you have taught yourself. Great job!Debra 0 likes

  • HWA

    Perfect bank of solution. 

  • HWA

    great !

  • HWA
    Paul Brandon-Fritzius

    thanks for the quick response. the solution looks good. :)

  • HWA
    tina Johnson

    thnx for the answer. it was perfect. just the way i wanted it. 

  • HWA

    works fine.