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Given its being a Mixed Economy, should the United States have more of Socialism and less of Capitalism (more of Government regulation and high taxes) or should it have more of Capitalism and less of Socialism (less of Government control and lower taxes)? Why? Write a Three- Paragraph Essay to explain your response or stand on the problem. Your essay must include: a. An Introduction, b. A Body Paragraph, & c. A Conclusion. Cite three evidences, reasons, or examples to support your answer. Write your essay on this Google Docs provided and you may use more than one page. The Rubrics for Grading your essay include: Content ( Soundness of Reasons, Evidences and Examples cited) --- 80% Form ( Number of Paragraphs written) --------------------------------- 20% 100% ALTERNATIVE CONSTRUCTED RESPONSES: You may draw a Political Cartoon (with a paragraph explaining what its meaning) , write a poem or a song to explain your response to the question.

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The United States has a mixed economy. It works according to an economic system that features characteristics of both capitalism and socialism. A mixed economic system protects some private property and allows a level of economic freedom in the use of capital, but also allows for governments to intervene in economic activities to achieve social aims and for the public good. The U.S. is a mixed economy, exhibiting characteristics of both capitalism and socialism.

Such a mixed economy embraces economic freedom when it comes to capital use, but it also allows for government intervention for the public good.

The U.S. government controls part of the economy with restriction and licensing requirements, which includes involvement in such areas as education, courts, roads, hospital care, and postal delivery.

The government’s role in a mixed economy can also include financial policies, such as monetary and fiscal policies.

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