Assignment: Ideological Foundation
• Introduction: The modern U.S. economy was not accidental. Key contributors forged the ideas that influence the functions of the current 21st century America economy.
• Description or Procedures: Students must investigate whether the United States is truly a capitalist country. In doing so, students will locate quotes or original excerpts from Adam Smith, Karl Marx, John Keynes, and Milton Friedman. Make a reference list of their sources using a "reference page" that contains solid, reputable articles that explain these economists' contributions to economic theory. Each of these authors has a distinct ideological perspective on global economic systems. It is the student's responsibility to discover what each theorist believed and how they compare to each other.
• Provide an accurate summary section of each article, then must write an analytical section, and finally write a conclusion page comparing the four theorists and deciding the value of their contributions to the field of economics. The results will be (i) four one-page summaries, (ii) four one-page analytical sections, (iii) a one-page conclusion, and (D) the reference page.
• Materials Needed: Excerpts from Adam Smith, Karl Marx (can use English translations), John Keynes, and Milton Friedman.
• Learning Objective(s): Understanding how entire economies function and are driven or influenced by an economic ideology.
Format your assignment according to the give formatting requirements:
• The answer must be using Times New Roman font (size 12), double spaced, typed, with one-inch margins on all sides.
• The response also includes a cover page containing the student's name, the title of the assignment, the course title, and the date. The cover page is not included in the required page length.
• Also include a reference page. The references and Citations should follow APA format. The reference page is not included in the required page length.