What is capitalism and what is socialism


Discussion Post: Microeconomics

o What is Capitalism? Give example.

o What is Socialism? Give example.

o What is mixed economy? Give example.

o Does the U.S. practice a mixed economy? Give example to support your answer.

o Is mixed economy good, bad, or indifferent for businesses? Give explanation to support your answer.

o What is laissez-faire?

o To what extent would government control or laissez-faire be good for the businesses? Give explanation to support your answer.

The response must include a reference list. Using one-inch margins, double-space, Times New Roman 12 pnt font and APA style of writing and citations.

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Microeconomics: What is capitalism and what is socialism
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