Economic Systems Essay:
Now that you have learned in a number of ways about the 4 Economic Systems, your job is to write a persuasive essay that will show what you have learned about each of them.
This will be written as a 5 Paragraph essay. You will need to backup your thoughts and ideas with examples that we discussed in class, as well as other information to support your writing from research done in and out of class time.
Use the Following Site for Information: www.thebalance.com https://www.thebalance.com/mixed-economy-definition-pros-cons-examples-3305594
Your essay will answer the following question:
• Market, Command, and Mixed Economies all have advantages and disadvantages. What are they and in your opinion, which of these systems sounds the most advantageous?
• It is generally accepted that no country in the world is completely one of these options, but instead, use bits of all of them. Why do you think that countries mix the three ideas, and give examples of how countries do?
• Persuade the Reader. Make them believe that the Economic System that you find to be most advantageous is truly the best one. If you believe that the Mixed System is best, also explain which way it should lean more towards: Market or Command.
• You must use some of the relevant vocabulary that we have used in class. Use the list attached to help you. (At least 8 of the 12)