Capitalism is an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state. Socialism is a political and economic theory of social organization that advocates for the means of production, distribution, and exchange being owned or regulated by the community as a whole (1). In this assignment, you
Note: You must watch this video on capitalism and socialism before you begin this assignment.
Please click on this link to watch the video: https://www.kaltura.com/index.php/extwidget/preview/partner_id/956951/uiconf_id/39456672/entry_id/0_saeyaii3/embed/dynamic?
Instructions
Discuss the three main points below:
Your three main points must have “headers” in bold within your paper. You cannot use .com websites. You’re only allowed to use academic websites and they must have the url.