Economic processes produce outputs through involving many people, and groups of people (some of them active agents in the process, and some of them external to it). The complexities and layers of relationships often produce ‘goods’ and ‘bads’ simultaneously. You’ll look at an economic process of your choosing, and focus on at least one ‘bad’ involved in that process, defined as something undesirable. You’ll then imagine how to overcome that bad. Evaluate the economic and social aspects of ‘bad’ involved, and then proposes a new way of organizing that process which reduces or mitigates the ‘bad’
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