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Similarities Between Capitalism And Socialism

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Similarities Between Capitalism And Socialism
1. What do you see as the strengths and weaknesses of capitalism? Give some examples:
Strengths:
• Sense of free agency and choice all around
• Incentive to work and create
• “miracle of exchange”
• Natural way to allocate Resources
• Controls prices and profits through natural law of supply and demand- less supply and more demand= prices up
• In human nature
• Social Good
• Equality
• Greed that causes competition
• Democracy
• Growth
• Happiness
• Harmony.
Weakness:
• Dishonestly
• Greed
• Unstable prices
• Instable production line
• Inequality
• Waste
• Starvation
• Anti-socialness
• Capitalist system
• Advertising
• Propaganda.

2. How does the principle of economic freedom operate in the systems of capitalism, socialism, and the United …show more content…
How would you respond to a comment that compared the United Order to socialism?
Imagine that you are in a Sunday school class studying the sections of the Doctrine and Covenants about the United Order. How would you respond to a comment that compared the United Order to socialism?
For the me the biggest different between the United Order is base the gospel of Jesus Christ and socialism is base on the ideas of men. One to enter United Order must be his chose. To be in the United Order you must full acceptance Jesus Christ in your life. United Order is in harmony of the church. Socialism is base on political of the Government. The citizen of nation are force into socialism and the will of the government is force on the people. Socialism will determine what right and wrong in the world. To wrap up United Order is base wisdom of the Lord and socialism is base on wisdom of men.

Both the Untied Order and socialism have the same concept to them, but socialism is run by the government, and the United order is what God had laid out. They have different intentions to them, socialism is leaned towards equality and United Order is focused on caring for everybody. I think they have the same concept in a way, but are also very …show more content…
We must purge our heart and soul by the Holy Ghost of all un-christlike motives; this means overcoming selfishness, greediness, and idleness. Overcome tendencies to complain, criticize, and backbite. It means serving God with all our heart, might, mind, and strength. It means self mastery, being endowed with the power of God to keep covenants; it means willingness to sacrifice all that we have been given for the Kingdom of God. Zion's redemption must await a generation of saints equal to this standard.

Discuss the pros and cons of industrialization for the American people.
The pros of the Industrial Revolution
It provide more efficient production by streamline production of many goods and reduce time and labor. It reduce the price of the product. It create more job opportunity and new products for the mass. It improves the overall quality of life for the mass in the following: education, health care and nutrition. The following where invented during the Industrial Revolution: The stream engine, light bulb, x-ray, telegraph, calculator, and anesthesia.
The cons of the Industrial revolution
The loss of farming due to people move into city for better paying jobs. The factories cause air and water pollution. The working cautions in the factories were extremely poor that cause in the spread of disease. The factories working caution cause death in the
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