Write on this topical research question.What might be the socio-economic effects on the U.S. and the American people of the U.S. moving from a capitalistic economic system to a socialistic economic system? Which system seems preferable to you…and why?

To begin this assignment, you’ll want to research socialism and capitalism to better understand the similarities and differences of each system. You’ll then want to narrow down this broad question by determining your basesof comparison. That is, you’ll want to determine what ideas you’ll focus on, further research, carefully consider, and clearly compare/contrast in order to show what socio-economic effects each system might result. Your paper will naturally conclude with your suggestion as to which economic system seems best suited for the U.S. and the American people. (A few possible social and economic bases of comparison include–taxes, jobs, housing, health care, individual freedom, innovation, business, trade….)

Research sources appropriate to your topic, and effectively use at least three reputable sources* from newspapers, magazines, books, scholarly journals, websites as evidence to support and prove your thesis.

• Develop a clear working thesis that incorporates the key parts of this compare/contrast essay.