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?
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In this assignment, you will 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
Use current APA formatting. Include a title page and a reference page with at least four references.