discuss how capitalism and socialism function in different countries.
Preparation
Choose one capitalist country and one socialist country from the following lists:
Capitalist Country
- US
- UK
- Japan
Socialist Country
- China
- Cuba
- Venezuela
Instructions
After choosing your countries, use the corresponding library guide to research your chosen countries
- Explain the concepts of capitalism and socialism in your chosen countries.
- Compare and contrast capitalism and socialism in your chosen countries with supporting definitions, explanations, and examples.
- Identify three pros and three cons for both capitalism and socialism in your chosen countries.
The specific course learning outcome associated with this assignment is:
- Examine the role capitalism plays in corporate decision making.
Sources