Taking the two main economic ideas that have shaped the modern world:
Capitalism and Communism
Write a short description of each economic system.
Discuss the concept of each, describing its basic economic outlook and functions. Look for sources of information online, but be aware of the points discussed so far, language and social conditioning.
Therefore, write each description without interference/biases – keep it factual and based only on the concept of what each economic system is and how it functions.
Also, be aware of sources of information, and think critically about the author, how they came to their ideas and concepts, and their own biases.