Reference no: EM132778300
BUS 309 Business Ethics Assignment - The Role of Capitalism - Strayer University, USA
Capitalism is an economic and political system in which a country's trade and industry are controlled by private owners for profit, rather than by the state. Socialism is a political and economic theory of social organization that advocates for the means of production, distribution, and exchange being owned or regulated by the community as a whole (1).
In this assignment, you will write a 2-3 paragraph essay comparing capitalism and socialism:
Briefly define, in your own words, the concepts of capitalism and socialism.
Identify three pros and cons of each.
The specific course learning outcome associated with this assignment is: Examine the role capitalism plays in corporate decision making.
Sources - William H. Shaw. 2014. Business Ethics: A Textbook with Cases. Wadsworth, Cengage Learning 8th edition textbook.
Note - Need 400 words + title page+ references with in-text citations.
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BUS 309 Business Ethics Assignment - The Role of Capitalism
: BUS 309 Business Ethics Assignment - The Role of Capitalism - Strayer University, USA - Briefly define the concepts of capitalism and socialism
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