Comparing and Contrasting Economic Systems

In: Social Issues

Submitted By bkoenig
Words 1152
Pages 5
| |
|Comparing and Contrasting Economic Systems |
| |
| |
|Introduction to Sociology |
| |
| |

|The Industrial Revolution changed |How it changed the economy |1900 and Today |
|The number of people employed in industrial |The use of machines began to spread throughout |Implementation of the production line |
|manufacturing (textiles, iron goods, metal, |the world | |
|pottery, etc.) | | |
|number of people who left the agricultural |New job opportunities |Henry Ford automobile production plant |
|field | | |…...

Similar Documents

Economic System

...Microeconomics Paper: Economic systems Yang Cong Professor Memmos Aug 1st, 2012 Table of Contents 1, Introduction of economic systems 2, the analysis of capitalism 3, Example of capitalism: the U.S. 4, the analysis of socialism 5, Example of socialism: China 6, the analysis of communism 7, Example of communism: North Korea 8, my favorite one is socialism 9, Conclusion There are three main economic systems in the world which are capitalism, socialism and communism. Nowadays, most developed countries are capitalism and they have certified that capitalism is better; the greatest developing country which owns the second high GDP in the world, China, is socialism, it seems that socialism is not bad; only a few countries are still communism like North Korea which has a low economic increment speed. Different systems have their own advantages and disadvantages, so it is necessary for the government to figure out which one is suitable for their countries. “Capitalism is an economic system that is based on private ownership of the means of production and the creation of goods or services for profit. Competitive markets, wage labor, capital accumulation, voluntary exchange, and personal finance are also considered capitalistic (Wikipedia).” Capitalism can greatly promote economic development, this is the main feature of capitalism. The necessary material of human is produced by human labor, the purpose of economic activity is to save labor time which is also the......

Words: 1923 - Pages: 8

Comparing and Contrasting Anna Karenina and Madam Bovary

...text, whose survivors are obliged to interpret its meaning. In her suicide, Anna's primary reason is to spite Vronsky, and essentially to "get back" at all those who opposed her; Emma used it as an escape from her debts and burdens as well as from the crushed hopes of a romantic life and love. While Emma is largely a victim of her own personal delusions, those delusions operate within the construct of an oppressive patriarchal society. Largely defined through her relationships with men throughout the novel, Emma passes from the domestic sphere of her father to that of her husband, and even “found in adultery all the platitudes of marriage” that so disappointed her. Although similarly influenced by romantic sentiments, Leon may pursue economic success as a means to personal happiness. Emma is confined to her domestic role. In committing suicide, she attempts to reclaim some sense of her own autonomy as an expression of self-will and control. Stuffing the poison in her mouth, Emma seeks to escape her misery through an act of self-determined destiny. Yet even that expression of self is shadowed by unfulfilled romantic delusions. In “an ecstasy of heroism” she seeks escape through her death, reassuring herself: “‘Ah! it is but a little thing, death! . . . I shall fall asleep and all will be over’”. In her mind, suicide is a noble way to die, reflective of her fictional models. But her expectations are again disappointed, her ‘noble death’ characterized instead by the......

Words: 7108 - Pages: 29

Comparing and Contrasting 2001: a Space Odyssey and “the Sentinel”

...Comparing and Contrasting 2001: A Space Odyssey and “The Sentinel” Tracy Goldman HUMN425: Science Fiction Georgia State University   Comparing and Contrasting 2001: A Space Odyssey and “The Sentinel” 2001: A Space Odyssey is a film based on Arthur Clarke's short story, "The Sentinel." The purpose of this paper is to explain the similarities and differences between “The Sentinel” and 2001: A Space Odyssey. There are many similarities and differences between “The Sentinel” and 2001: A Space Odyssey. The obvious similarity is the crystal pyramid in the story and the monolith in the film. According to Dictionary.com a sentinel is described as a) a person or thing that watches or stands as if watching and, b) a character used to indicate the beginning or end of a particular block of information. The crystal pyramid and the monolith serve as sentinels because in “The Sentinel” the narrator says that the crystal pyramid was one of millions scattered throughout the universe watching over all worlds with a promise of life. This is present in the movie when the apes are basically ignorant in the skills to survive and defend themselves and when the monolith appears their curiosity and understanding changes for the better proving the end of the block of information. Another similarity between the crystal pyramid and the monolith that is seen in “The Sentinel”, as well as in 2001: A Space Odyssey is the conviction the purpose of these sentinels is to alert or warn the “emissaries”......

Words: 943 - Pages: 4

Economic Systems

...Command Economic System: When we talk about the term “command” in historical context; whether it relates to economic, political or warfare, command has always been vested in the hands of the few. If we relate “these few” to a group of people who exercise power in terms of making decisions (be it economic/social/political etc) for ALL the people they govern, we call this process or system a “Government”. In a command economic system, this government basically owns and controls most of the economic resources of the country. This “Command” economic system is also known as “socialism” or “communism” (McConnell – Economics) In any economic system decisions have to be made regarding production of goods and services, price setting, education, expenditure on infrastructure, resource allocation, resource/property ownership, resource distribution, establishment of industries and businesses, salaries for individuals etc. In a Command Economic System, all these decisions are taken by the Centre/Government. Public in general/ individuals in general do not have any “say” in such government decisions. Practically speaking, “Absolute” command economy doesn’t exist in this world, even near perfect “command economy” of Soviet Union/Russia had private/market influences in its system. McConnell states North Korea and Cuba as near to perfect Command Economic Systems. Pakistan too took a step towards socialism/nationalization in Zulfiqar Ali Bhutto’s era in 1970s, which later had to be......

Words: 1729 - Pages: 7

Comparing Unix and Windows Operating Systems

...COMPARISONS OF UNIX AND WINDOWS OPERATING SYSTEMS The Comparisons of UNIX and Windows Operating Systems Herlinda Gibson Instructor: Richard Guirguis CIS 155 – Strayer University August 20, 2012 Abstract In today’s world filled with computers and computer technology, having an Operating System (OS) is a must in order to utilize or do anything on your computer but what are the differences in the operating systems and which one would you use? This paper will investigate and analyze some of the similarities and difference between two major Operating Systems; UNIX and Windows XP by comparing and contrasting with some key features such as; cost measurements, market share availability, hardware requirements, file processing, programming capabilities, availabilities of applications software and graphical user interface (GUI) with the hopes of selecting a better computer when purchased. The Comparisons of UNIX and Windows Operating Systems We now live in a world that is basically run by computers and in order to do anything on your computer you will need to have or run some type of Operating System (OS). An operating system is a program that allows you to interact directly with all of the software and hardware on your computer by entering various commands (Haas, 2010). But which operating system should you use? Two major types of Operating Systems are UNIX and Windows. The UNIX operating system which began as early as......

Words: 1184 - Pages: 5

Comparing and Contrasting: Franklin and Anzaldua

...Comparing and Contrasting: Franklin and Anzaldua Expression: conveying of opinions publicly without interference by the government: “freedom of expression. (1)” Many artists express themselves through various ways; for various reasons. Frederick Douglass in his essay “How to Read” and Gloria Anzaldua’s essay “How to Tame a Wild Tongue” both express themselves through publicly released literature, and these two essays have successfully achieved to have common similarities and unique differences. For example, both authors have the same interpretation for literacy, and literacy to them means to overcome negativity and prevail from hate from another individual that shows them injustice. For differences, Franklin’s essay was to learn how to read (and also write), while Gloria’s essay was about having to speaking English and suppressing her various styles of the Spanish language. After reading this fabulous essay, you will understand why the authors chose their topics, their relation to each other, and why they are different. Douglass was raised a black male slave in the 1840’s. For slaves, reading and writing was not acceptable because the man did not want black people to have any sense of resisting slavery. Although that rule was in effect, Douglass found a way to get around that law. He would sneak magazines and newspapers to read, and he was taught how to read and write by his mistress and some “little white boys”, who he’d convert into teachers. Most thought that......

Words: 570 - Pages: 3

Comparing and Contrasting Moneyball - Film and Novel

...Maybe the biggest example is Boris Diaw. If you have ever seen Diaw play you would almost certainly be asking yourself what is a guy who looks like that doing in the NBA. He is 33 years old, 6’8” and is generously listed at 260 pounds. Much like Jeremy Brown in Moneyball, he was overlooked because of his appearance but has managed to be a vital member of a championship team. He is a great example of how analytics can be used to the advantage of teams in other sports than baseball. Moneyball doesn’t necessarily correlate with our class directly but some of the ideas from it can be seen throughout the areas we have studied. When a team like the A’s or Spurs put this type of system to use it can only bring good things to their respective franchises. Whether this is through fielding a team or using the same system in marketing and ticket revenues. However I don’t really think it has much to do with the globalization of sport, which is a main focus of ours but I did enjoy this assignment....

Words: 1214 - Pages: 5

Comparing and Contrasting Tomb Raider and Uncharted

...Tomb Raider and Uncharted William Britton-Olson Com/170 August 20, 2012 Karen Mitchell Comparing and Contrasting Tomb Raider and Uncharted Tomb Raider and Uncharted are two video games that are identical yet vastly different in terms of developer’s concepts, story lines, and characters. Tomb Raider was originally designed 11 years before Uncharted, and while Tomb Raider is its own creation the developers gained their inspiration from both the Atari game Pit-Fall and the Indiana Jones movies. Tomb Raider introduced the world to a whole new idea of treasure hunting and Archeology being so closely related that they are almost one and the same, just on different sides of the law most of the time. Uncharted, while it is its own concept, did follow in the footsteps of Tomb Raider regarding the type of game, but the stories are vastly different. Some of the more commonly known similarities between Tomb Raider and Uncharted are in terms of the design and development. Both games were originally designed for the Sony PlayStation as an exclusive PlayStation only game, but with the growing popularity and the opportunity for cross plat forming, both developers Eidos and Naughty Dog have expanded the fan-base by making these games available on the PC as well as the PlayStation. Other similarities are that these two games are in a classification of Action-Adventure/Puzzle Game both games have a wide range of hidden treasures that have to be found in order to progress through the......

Words: 1124 - Pages: 5

Comparing the Economic Development of Sudan and Libya

...Economics 211 Comparing the Economic Development of Sudan and Libya Professor George Hartner March 20, 2014 University of Regina In comparing the economic growth of developing countries, in this case Sudan and Libya, it is important to understand the variables impacting the growth of the two nations. These variables include social conflict, corruption within the institutions, transportation issues and the commodities in which their economies are structured around. Social conflict has had a great impact on both of the nation’s economic prosperity as well as their infrastructure. As well, corruption has greatly impacts the availability of financial resources for the citizens of either nation. In this comparison of nations, I will argue that Libya is more economically developed and has more economic potential than Sudan. The commodities in Libya offer a future of wealth for the nation and the potential for immediate growth economically and socially. Social conflict and civil war has affected and continues to affect many nations around the globe. Sudan is a nation which has been involved in decades of civil war and as a result has left the nation struggling to survive, leaving almost no basic infrastructure to create order within the nation. They were left without schools, a functioning government or financial institutions. From this, many problems have arisen. Groups such as the Lebanese Hezzbollah terrorist sect have......

Words: 1639 - Pages: 7

Comparing and Contrasting Two Cultures

...There are different cultural practices of people across the world that varies in one way or the other. According to Crapo (2013), a careful study of these cultures reveals that although there are some fundamental differences in the practices, sometimes it is common to find some similarities. In this study, I will focus on comparing the rites of passage between two communities in different countries. Each culture has its own rites of passage and its unique ways of celebrating such events. Some of these practices may have been restructured due to globalization and modernization that is turning the world into a global village. However, many communities still maintain their traditional heritage, preferring to continue with these practices despite the changes brought about by globalization. In this study, I will compare and contrast the cultural rites of passage among the Egyptians and that of the Hindus. I will be confirming even although these two cultures differ in their rites of passage practices, they also share a number of cultural values. Hindus have been able to maintain their cultural practices despite the changes that are taking place in the global world. Although they have embraced modernization, they have been able to maintain most of their cultural practices not only in their home country in India, but also in various other parts of the world where they live (Rinehart, 2004). On the other hand, the Egyptians have maintained their heritage within their country. Most......

Words: 1684 - Pages: 7

Comparing and Contrasting the British Cuisine with the Indian Cuisine

...Comparing and Contrasting the British Cuisine with the Indian Cuisine A cuisine is a traditional method or style of cooking, which is usually related to a particular culture. Cuisine can be considered as an aspect of the culture of a country in countless ways. For example, religion has a great influence on food in Muslim countries where people tend to eat all types of meat except pork. In this essay, I will be comparing and contrasting the British cuisine with that of my own country, the Indian cuisine. There are both, very interesting similarities and differences that one can notice in the traditional cuisines of both these countries which may, in fact, prove to be quite interesting. I think both of these cuisines are different yet so much alike. Firstly, there are several differences between these two cuisines. British cuisine traditionally consists of simple dishes matched with delicious sauces. This cuisine is worldwide renowned for its Christmas dinner and full breakfast. “The most important foods of Britain are meat, fish, potatoes, flour, butter, and eggs, as many of its dishes are mainly based on these ingredients.” (Mandy Barrow, 2010). On the other hand, the Indian cuisine is one of the most popular cuisines in the world and is famous for its great love for food and more importantly, spices. Even though same foodstuffs, such as meat, fish, etc. are used in India as well, the varied uses of the spices are a vital part of food preparation as this makes these dishes...

Words: 873 - Pages: 4

Comparing/Contrasting

...Your goal is to write an essay showing how two subjects are either similar or different (not both). When comparing subjects, show how they are similar. When contrasting them, show how they are different. In a comparison/contrast paper, be sure to develop a thesis that includes words that signal comparisons, such as “although,” “even though,” “in spite of,” “except for,” “not withstanding,” or “but.” Also, use appropriate transitions to signal comparisons and link paragraphs within the body of your paper, such as “on the other hand,” “in contrast,” “similarly,” “also,” “both,” “even though,” and “in the same way.” In order for two things to be worth comparing, the two things should initially appear to be different. In order for two things to be worth contrasting, the two things should initially appear to be similar. Comparing and contrasting are ways of exploring the similarities and differences between two things. 'Compare and contrast' is often used as a development strategy for essay assignments but it's a helpful strategy for any important decisions you have to make. Generally speaking, comparing is showing the similarities, and contrasting is showing differences between two things that are related in some way. For example, you wouldn't compare/contrast reading a book to driving a car, but you would compare reading a book to reading with an e-reader. COMPARING com·pare (kəm-pâr′) v. com·pared, com·par·ing, com·pares v.tr. 1. To consider or describe as similar,......

Words: 618 - Pages: 3

Comparing and Contrasting Management in the Public and Private Sectors in Nigeria

...Comparing and Contrasting Management in the Public and Private Sectors in Nigeria Introduction The term ‘management’ is very ambiguous; it is difficult to give a statement that describes the exact meaning of the word. The goal of this paper is to compare and contrast management in the public and private sectors in Nigeria. Instead of discussing only the differences between public and private organizations, this paper discusses the differences in managerial roles in both sectors. We begin by looking at some assorted opinions, after which we discuss the general description of the public and private sectors and the state of these sectors in Nigeria today. We will then discuss similarities between public and private management in Nigeria and three possible arguments that can be used to support the differences between public sector and private sector management. This paper explains the difference in the mangers’ job context; purposes and goals, accountability and autonomy. Finally, we will give a brief summary of the paper in the conclusion. Some Opinions Since the 1800’s, different scholars have given different interpretations of management from their points of view. Mary Parker Follett, an American social worker and management consultant gave a popular definition. She says, “management is the art of getting things done through people” (Tripathi, 2008). George R. Terry, the 16th President of the Academy of Management gave a somewhat more elaborate definition. He......

Words: 2576 - Pages: 11

Comparing and Contrasting the Lottery and the Most Dangerous Game

...Elyse Croyts Mrs. Lund English 102 15 November 2015 Comparing and Contrasting “the Most Dangerous Game” and “the Lottery”. We live in a world of selfishness. A world where people cheat on one another. The world presents as self-centered, self-absorbed and immoral culture where no one values human life or anything except themselves. In The Most Dangerous Game and The Lottery, the author’s show how we as humans devalue the lives of others, how one person can turn on another in a blink of an eye and the evident differences of their settings reveals the universal nature of the darkness of mankind. These two stories are similar in that fact that these characters seem not to value the lives of others. In the Lottery, the townspeople were so focused on themselves. As a result, they were not able to think critically about their choices. "There's Don and Eva," Mrs. Hutchinson yelled. "Make them take their chance” (Jackson). This section is showing how Tess Hutchison is willing to sacrifice members of her family for her to avoid the lottery. As the readers, we learn that the lottery is a tradition in the town and how the community values tradition over the lives of their neighbors. While in the Most Dangerous Game, we learn about a man named General Zaroff, who has created a game where he hunts humans because he felt unchallenged hunting animal prey. He sees humans as animals instead of his peers. The devaluation of human life can occur readily when our needs are......

Words: 806 - Pages: 4

Comparing and Contrasting the U.S. Health Care System

...Comparing and Contrasting the U.S. Health Care System By Evelyn D. Bang October 17, 2010 Abstract Comparing and contrasting the U.S. health care system with that of other countries is not an easy task. There is a great deal of information that is not only organized in a number of different ways but also it is used to measure extensive and deviating factors. The conclusion will often depend on what is believed and which factors are the most important to the individuals performing the comparison and contrast of the different health care systems. However, the U.S. is presently considering a number of propositions in reforming its health care system and very often Canada is referred to as a potential model. Likewise, Canada at times looks to the U.S. for methods to improve its system. As a result, the pursuit for improvement in both health care systems has led to plentiful but compatible and incompatible documentation about the relative merits of the two systems (Madore 1992, para. 1). Comparing and Contrasting the U.S. Health Care System A healthcare system can be reviewed by many standards. It can be reviewed by its effectiveness and efficiency, its fairness and receptiveness to the expectations of its population. It can be reviewed through its non-discriminatory economic contributions and suitability and lastly, it can be reviewed through its population’s overall health. Comparing and contrasting the U.S and Canadian. Health care systems Both the......

Words: 1376 - Pages: 6

[AniDL] Akage no Anne | Anne of Green Gables [10bit x265 720p BD English Subbed][IamTsukasa] | Serrapeptase 250,000IU Tabs (30 pack) Mega Potency,enteric coated [Lindens 5996] | Robin Hodge