Have you ever wondered how market systems and policies work? Have you thought about influence policy has on the topics of capitalism, market, and economic systems?
Explore and demonstrate knowledge of capitalism, market, and economic systems and policy gained through the assigned readings and additional research.
Write a 750-word essay that includes the following elements.
Types of economic systems used in the United States
How economic systems vary between the U.S., China, and Russia
- Description of a political system
- Knowledge of political systems gained from your personal experience
- Political system(s) that you lean towards
- How political policies are used in the United States compared to another country in the world
- Identification of several of the alleged “virtues” and “vices” of capitalism
- Explanation of the difference among political systems, economic systems, and economic policies
Readings Read the following articles to gain a better understanding of capitalism, market and economic systems, and policy. The articles will help guide you through the process of different systems within our macroeconomy. The United States was founded on capitalism, but is this true today? Explore the answer to the question through the readings. The Four Types of Economies (Intelligent Economist) Capitalism, Its Characteristics, with Pros and Cons (the balance)Everyday Finance: Economics, Personal Money Management, and Entrepreneurship (Gale Virtual Reference Library) Read the following:Introduction: What is Economics?Overview: MacroeconomicsWhat Can You Do with an Economics Degree? (The World University Rankings)Government’s Role in the Economy (Gale Virtual Reference Library)Political Capitalism as a Distinct Economic System (MasterResource)Introduction: What is Economics? (Gale Virtual Reference Library)Capitalism and Morality (Hoover)Note: You must be logged into ERNIE to access the Gale Virtual Reference Library.
0 comments