Describe the political and economic system

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Assignment:

Title: A Comparative Analysis of Government and Private Sector Support for STEM Research & Development in Two Countries (US and Australia)

  • Analyze each chosen country:
  • Briefly describe the political and economic system (capitalist, socialist, etc.).
  • Use data from UIS and OECD to compare government vs. private sector funding for total R&D and STEM-specific R&D (if available).
  • Discuss how the political ideology aligns with the observed funding patterns.
  • Analyze expectations for STEM in each country (e.g., focus on innovation for economic growth vs. social good).

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Reference no: EM133710351

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