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Essay Outline

Paragraph 1- Introduction 3-4 sentences (include background information about economies and a
strong thesis that tells your opinion of which economic system is best for society overall
Paragraph 2- Benefits and Problems with Capitalism (include facts and examples in your own words and
cite your source(s) with in-text citations)
Paragraph 3- Benefits and Problems with Socialism (include facts and examples in your own words and
cite your source(s) with in-text citations)
Paragraph 4- Concluding Paragraph- Which system provides the greater overall benefit to society?
Explain your reasoning, including how the economic system is beneficial to society.
Works Cited (1 or 2 reliable sources listed properly, not more than 3 sources)

Please help me out I’m really stressing over this essay it is counting on me passing the class I’m super confused on it even after asking for help. Please help me out :(

Essay Outline Paragraph 1- Introduction 3-4 sentences (include background information-example-1
User Jan Wielemaker
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1 Answer

4 votes
4 votes

paragraph 1

Magna Carta treaty made capitalism

England and America put it in practice

Karl Marx invented socialism

Vladimir Lenin put it in practice

paragraph 2

benefits :

capitalism is a FREEDOM

tradition started by the magna carta

capitalism means a person can sell or do business without interference from a king or government

capitalism had to the invention of many things like technology like machines and computers

capitalism has ended the need for slavery or demeaning jobs by replacing it with technology robot or machinery

problems with capitalism:

historically it was supported by slavery

before the federal reserve it led to many economic depressions and recessions

before the labor movement it led to taking advantage of many workers including children with long hours and low wages

paragraph 3

socialism benefits

no poverty

no homelessness

everyone has a job

socialism problems:

especially in history

soviet union and china used slave and prison labor for too many things like public construction

high taxes

in history the people had few rights

in history there was a lot of oppression

paragraph 4

mixed economy like in Norway or Sweden is best

they combine socialism and capitalism

they have socialism for the poor and capitalism for everybody else

its called "democratic socialism" (bernie sanders)

high taxes but also the freedom to do business

books to cite

magna carta

das kaptal by Vladimir Lenin

communitlst manifesto by karl marx

User Mdomans
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2.9k points