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Question: Across the world, economies vary based on the role of government. Different governmental structures determine who has power and how decisions are made. For this activity, use a sociological lens to analyze a capitalist country and a socialist country. Consider specific roles each country plays within each economic system. In a 2- to 5-minute video, use one or two sociological theories and concepts and appropriate terminology from the text to describe and compare each country's economy. Be sure to (1) explain and apply each concept, theory, and term applied, (2) differentiate between the specific functions and conflicts of each economic system, and (3) describe the individual and societal effects of each, such as the roles of individuals and disparities related to race and income. You must include visual aids (e.g., you can display a diagram as you give your explanation), but you are not required to appear in the video.
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Select any one of the following starter bullet point sections. Review the important themes within the sub questions of each bullet point.
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