Are Market Systems and Policies Efficient?

Have 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?

In this assignment, you will explore and demonstrate knowledge of capitalism, market, and economic systems and policy gained through the assigned readings and additional research.

Write a 750-word essay that includes the following elements.

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
Use current APA formatting. Include a title page and a reference page with at least four references.

Save 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.

Your paper will automatically be evaluated through Turnitin when you submit your assignment in this activity. Turnitin is a service that checks your work for improper citation or potential plagiarism by comparing it against a database of web pages, student papers, and articles from academic books and publications. Ensure that your work is entirely your own and that you have not plagiarized any material! PLG in the assignment title indicates a Turnitin assignment.

Review the Written Assignment Rubric for detailed grading criteria.