Identify the market type that most closely approximates your chosen industry. (Monopoly. Oligopoly, Monopolistic Competition, or Pure Competition).
May 1, 2020Discuss Changes to Supply, Quantity Supplied, Demand, and Quantity Demanded
May 1, 2020Question Description
n
nnHi,nnHere are the instructions for this essay:nnAre Market Systems and Policies Efficient?nnHave you ever wondered how market systems and policies work? Have you thought about influence policy has on the topics of capitalism, market, and economic systems?nnIn this assignment, you will explore and demonstrate knowledge of capitalism, market, and economic systems and policy gained through the assigned readings and additional research.nnWrite a 750-word essay that includes the following elements.n
- n
- Types of economic systems used in the United States
- How economic systems vary between the U.S., China, and Russia
- Description of a political system
- Knowledge of political systems gained from your personal experience
- Political system(s) that you lean towards
- How political policies are used in the United States compared to another country in the world
- Identification of several of the alleged “virtues” and “vices” of capitalism
- Explanation of the difference among political systems, economic systems, and economic policies
n
n
n
n
n
n
n
n
nUse current APA formatting. Include a title page and a reference page with at least four references.nnSave your assignment using a naming convention that includes your first and last name and the activity number (or description). Do not add punctuation or special characters.nnYour paper will automatically be evaluated through Turnitin when you submit your assignment in this activity.nnHere is the grading rubic:nnECON 211 Module 2 Written Assignment Rubricn
n
