Choose one capitalist country and one socialist country from the following lists:
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Capitalist Country
US
UK
Japan
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Socialist Country
China
Cuba
Venezuela
Instructions
After choosing your countries, use the corresponding library guide to research your chosen countries and then write a one-page essay in which you do the following:
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
1. William H. Shaw. 2014. Business Ethics: A Textbook with Cases. Wadsworth, Cengage Learning 8th edition textbook.
Download the Library Guide by clicking the following link:
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