Market systems and policies

Have you ever wondered how market systems and policies work? Have you thought about influence policy has on the topics of capitalism, market, and economic systems?In this assignment, you will explore and demonstrate knowledge of capitalism, market, and economic systems and policy gained through the assigned readings and additional research.Write a 750-word essay that includes the following elements.Types of economic systems used in the United StatesHow economic systems vary between the U.S., China, and Russia Description of a political systemKnowledge of political systems gained from your personal experiencePolitical system(s) that you lean towardsHow political policies are used in the United States compared to another country in the worldIdentification of several of the alleged “virtues” and “vices” of capitalism Explanation of the difference among political systems, economic systems, and economic policies

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