Tuesday, March 29, 2011

Economy Assignment

Capitalism is a country that is free to do what they want like start a business or work at a job, that person like or want to do with their life.Socailism is where the government runs things to made it strong, and share everything that the country does.Communism is where the government does everything and the people have to do what they say and what they will do with their lives.
Capitalism is good because people are allowed to do what they want with their life and its not chosen for them, but it also can be bad because the economy jumps around alot. Socalism is could be good because of the strong economy that it makes, but it can be bad because no one can move up because everyone is equal. Commusnism could be good because everyone is doing stuff ,but could be bad because you reciece things even if you don't do anything to earn it when other people do.

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