Economics in the Milagro Beanfield War

Economics in the Miagro Beanfield War

New Mexico is a great place to play some golf; also a good place to grow beans. The "Milagro Beanfield War" is about a group of New Mexicans trying to save their homes from being bought by Devine Development Corporation who wants to turn it into a resort. Joe Mondragon is the only person in Milagro who doesn’t sell his land to Devine because of his dead fathers dried up beanfield. Joe gets mad at the fact that everybody in Milagro sells their land to Devine Corporation offering good jobs when the resort is up, Joe diverts water from Devines’ land and begins growing beans; thus begins the “Beanfield War.”
Market Economic system was used the most in this film, meaning the individuals own the factors of production and set their own prices while the government does not get in the way. In the film Joe, a young entrepreneur who started to grow beans, showed this. In the end of the movie the beans were all his and he had a choice of...