Capitalism and socialism both serve as a crucial part of the economic system for this setting. Some of the characteristics of capitalism are better working conditions, better wages, the profit motive, competition, and greed. In reference to the socialist theory which is practically the opposite and is not motivated by personal self-interest. It is also related to community interest and governmentally controlled which helps normalize the economy. Additionally, the government
Capitalism and socialism both serve as a crucial part of the economic system for this setting. Some of the characteristics of capitalism are better working conditions, better wages, the profit motive, competition, and greed. In reference to the socialist theory which is practically the opposite and is not motivated by personal self-interest. It is also related to community interest and governmentally controlled which helps normalize the economy. Additionally, the government