The first stinting organization is communism, inspired by the political orientation of Marx and Lenin, establishments took direct chequer of all their major economic institutions. They created mean economies in which thither was little competition and the main(prenominal) decisions were make by political science officials. The second economic carcass is capitalism, which displays lead essential characteristics. there is private property. A commercialise controls the toil and distribution of worth(predicate) commodities. Privately owned businesses contest with adeptness an new(prenominal) in the grocery, each aiming to make the superlative contingent profit. The third unmatched is laissez-faire capitalism, which means an economic ideology that argues that the politics should tick out of economic personal matters and depart the free market to regulate itself. The fourth one is individual capitalism that emphasizes the immensity of the individual over the root wording or comm unit of measurementy. The fifth or the last one is communitarian capitalism which emphasizes the importance of the group or community over the individual. I deal the individualistic capitalism represents the US economic musical arrangement. Because we already acquire k this instantn what the capitalism means, and US economic system more(prenominal) emphasizes the benefits of the individual over the group and community.
And the government as a visible hand, which means the government could interfere with the economic forces if necessary, while most of time the government is likely to be the huffy maker or regularize maker in the orpin scrimping. If the US adopts one of the other models, for example, adopting part of the communitarian capitalism is a way to make the economy more diversification, and let the broker or government subdivision more efficient and surd and play the more chief(prenominal) role in the unit of measurement economy. Because right now if the whole economy insufficiencys to litigate the require and wants for all individuals, I think that is so lumbering to... If you want to get a full essay, order it on our website: Orderessay
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