Irish Economics Economic Systems and Term Paper

Total Length: 392 words ( 1 double-spaced pages)

Total Sources: 1+

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.

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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)......

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"Irish Economics Economic Systems And" (2007, March 28) Retrieved July 5, 2025, from
https://www.aceyourpaper.com/essays/irish-economics-economic-systems-73122

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"Irish Economics Economic Systems And" 28 March 2007. Web.5 July. 2025. <
https://www.aceyourpaper.com/essays/irish-economics-economic-systems-73122>

Latest Chicago Format (16th edition)

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"Irish Economics Economic Systems And", 28 March 2007, Accessed.5 July. 2025,
https://www.aceyourpaper.com/essays/irish-economics-economic-systems-73122