Answer: Let's start with a definitive description of each.
Capitalism: is a free market economy, where goods and services are produced by private firms. The goods produced are determined by market forces of Demand and Supply.
Socialism: is an economy where each member of the public owns an equal fraction of the means by which goods and services are produced. The goods produced here are determined by the government.
Explanation: I am going to list some of the Advantages and Disadvantages of each so that you can pick the advantages of the system you are supporting and the disadvantages of the other system in your essay.
Capitalism
Advantages:
- It ensures that only the goods needed are produced as the market is controlled by demand and supply.
- It encourages innovation and personal development as better skills and products lead to higher income.
Disadvantages
- It can neglect to produce necessary goods in the economy when focus is only on goods that give the highest return.
- It leads to inequality between the people in an economy.
Socialism
Advantages:
- It leads to equality, people enjoy equal standards of living
- It corrects market problems such as monopolies, price fixing and cartels.
Disadvantages:
- There is an absence of innovation due to lack of competition, so there is no drive to improve on the current goods, services or methods of production.
- It leads to bureaucratic bottleneck as decisions usually have to be taken by several government officials in a bid to ensure that rules are followed.
Answer: The Apache traditionally lived in the Southern Great Plains including Texas, Arizona, New Mexico, and Oklahoma. They are closely related to the Navajo Indians. The Apache lived in two types of traditional homes; wiki ups and teepees. The wiki up, also called a wigwam, was a more permanent home.
Explanation:
<span>Railroad, steel mill, oil and other industrial businessmen were called robber barons. The connotation was often used during the American Great Depression in the 1930's. It was alleged the owners such as Cornelius Vanderbilt, Carnegie Mellon and John D. Rockefeller amassed their fortunes using unethical and exploitative practices to build their financial empires. This included not just unfair and harsh treatment of workers but also accusations of swindling and bribery of officials to accomplish monopolies, licensing, zoning, and other favorable treatment to build and expand the businesses.</span>
The fight of disenfranchised or marginalized groups to regain their civil rights is generally referred to as a “civil rights struggle.” The use of the term is instructive as it indicates that although rights of citizenship, “inalienable rights,” are granted, for many they have to be wrested from society.
Declaration of Independence, Articles of Confederation, Constitution, Bill of Rights.
The Americans first declared independence. Then they set up their first attempt at government with the Articles. They wanted a better government with more federal power so they made the Constitution. Lastly they made approved the Bill of Rights to go along with the Constitution.
