What email address or phone number would you like to use to sign in to Docs.com?
If you already have an account that you use with Office or other Microsoft services, enter it here.
Or sign in with:
Signing in allows you to download and like content, and it provides the authors analytical data about your interactions with their content.
Embed code for: 3.12 Political Economies
Select a size
MARKETING 1-2 Unit 2 – Economics 3.12 Global Economies In this lesson, you learned about the different types of political economic philosophies that exist; Communism, Capitalism, Socialism and Economies in Transition. In an effort to help you understand these economic philosophies, the class played the game Monopoly under rules that would closely mimic and replicate living in economic philosophies different than the United States. You are now to write a reflection paper about the different experiences. Your paper must be a minimum of one (1) typed page, single-spaced, 11-point Calibri font, including five (5) paragraphs that discuss: Advantages and disadvantages of each economy. (Communist, Transitional, and Socialist) How does each type of economy affect how we feel about work, choices, competition, etc Compare the other types of economic systems to that of Capitalism (what the U.S. implements)