capitalism and socialism (Graded A+) - use as a guide only - 34016

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compare and contrast the two main economic systems in the world today (Capitalism and Socialism). a. Describe each system. b. Indicate what the strengths and weaknesses are of each system. In other words, what does each system do well for the people living under each system and what does each system do poorly for the people living under each system? c. Present your opinion regarding which system we are studying that will likely dominate by the end of the current century. Substantiate your opinion with specific evidence as well as logical argumentation.

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