Played 369 times. Chapter 2: Economic Systems and the American Economy Section 1: Economic Systems. “To form a more perfect union” relates to the idea that the union would be better than it was under the _____. John• 2 years ago. Learn. 65% average accuracy. Information asymmetry concerns interactions that take place where one party has more information than the other, such as when experts like real estate agents or car salesmen have more information about … Flashcards. Welcome to chapter two of our ongoing analysis on the social science of economics, the study which looks at how economic agents behave and interact with one another, and how economies work in general. Figure 5.2 20 Section 1-12 Click the mouse button or press the Space Bar to display the information. For additional practice, complete Chapter 1, Section 2, of the Interactive Tutor Self-Assessment CD-ROM, and visit this book's Online Learning Center at epp.glencoe.com. 9th - 12th grade . 0. 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