Posted by 2anastasia on February 4, 2010 at 2:17pm
Today we finished our group blogs. Trey and Mikayla were the last people to present about Capitolism and Socialism. Capitolism: where buisnesses are privatly owened and people own and control buissnesses. It leaves men to pursue and achieve their own happieness. We have it, Canada, Mexico, France, and many more also have it. Earliest capitolism was traced back to the Roman Empire. It's also known as free market economy. It helps people to work hard and make more money. Socialism: an economic system where the government owns the buisnesses and is in control of them. Many European countries have socialism and capitolism. A lot of countries have mixed economies (socialism and capitolism). Buisnesses owned by the government can be post offices and schools.Our next test will be over Afghanistan and all theese deffinitions.Lastly we took studied our states and capitols to take our quiz today and tomorrow.
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