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December 24, 2022

Compare and contrast capitalism and socialism.

Creative Writing

Compose a essay with a minimum of seven hundred words in response to the following prompt below. You MUST answer each question and include at least five citations from the textbook to receive full credit. Since this is not a book or chapter review, a summary of the textbook/book chapters should only take a secondary role. Your reflections and synthesis of the latter section of the textbook with the theories and concepts discussed in the class should be the focus of the final paper. Include a works cited page at the end of your essay. Textbook to Reference: The Real World (Eighth Edition) by: Kerry Ferris & Jill Stein Essay Prompt: The United States is a capitalist nation, but not everything operates according to free market principles. First, compare and contrast capitalism and socialism. What are some everyday things that we enjoy that are part of centrally funded and regulated services (ie.,”socialized institutions”)? How would these things be different if they were privately owned and who would be able to access them?

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