Research the advantages socialists/communists claimed they had over the free enterprise system. Prepare a 200 word argument defe
nding either socialism/communism or the free enterprise system. Which system, in your opinion, is the best for a country to follow? Note:
This essay is not to be a research report about communism or free enterprise. It is a persuasive essay in which you should state your opinions based upon your knowledge of both economic systems.
Use proper grammar, spelling, and punctuation in your essay.
Proper documentation includes both parenthetical citations within the body of your report anytime you summarize or quote a source, as well as a works cited page.
Here is some information that you can use to help your write this essay:
Communism/Socialism: Advantage - There are no social classes- This means that there are no poor individuals within a society. There is no upper, lower, or middle class. Everyone has about the same amount of income/resources.
Disadvantage: - Little economic freedom- The government plans the economy. This means they control how many products a business makes and how many goods/resources each family has.
Capitalism Advantage: - Individual freedom- In a capitalist society, citizens can buy whatever they want as long as they have the money. This allows citizens to do what they want, when they want, without having the government telling them what to do.
Disadvantage: - Poverty/Homelessness- This system involves very little government interference with the economy. This means there will be social classes. Ultimately, some individuals will end up poor or homeless for any number of reasons.
- There are no social classes- This means that there are no poor individuals within a society. There is no upper, lower, or middle class. Everyone has about the same amount of income/resources.
Disadvantage:
- Little economic freedom- The government plans the economy. This means they control how many products a business makes and how many goods/resources each family has.
Capitalism
Advantage:
- Individual freedom- In a capitalist society, citizens can buy whatever they want as long as they have the money. This allows citizens to do what they want, when they want, without having the government telling them what to do.
Disadvantage:
- Poverty/Homelessness- This system involves very little government interference with the economy. This means there will be social classes. Ultimately, some individuals will end up poor or homeless for any number of reasons.
The original family, Private Property and the state, Friedrich Engels outlines the development of human societies from early tribal organization up to the first government.
The northerners greatly disagreed with the act. The Fugitive Slave Act meant that if a slave ever escaped, he/she could be caught and returned to his/her owner. The northerners were primarily abolitionists, so they strongly disagreed with the Fugitive Slave Act.
promised that farmers would be given their land, pensions would be improved and public industries like water and electricity would be owned by the state.
