Discussion Post
What are the important differences between a "capitalist - free market" economy and a "socialist" economy? Which do you prefer for the U.S. and why?
Use personal examples to show me you understand the two economic types. Use information from the text to show me you have read and understand the concepts explained in the text.
Textbook: Understanding Business ed.13, pg. 101.
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.