Understanding your Economic System
Where to Start
For this assignment, you will need to research the relative merits of different economic systems (various versions of Socialism, Communism and Capitalism, and how to implement them in a new nation.
You have been sorted into groups based on your economic system and need to decide what your island nation will look like.
Start by researching your economic system.
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Economic SystemsSource: Encyclopedia Britannica
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ProQuest One Business This link opens in a new window
Millions of full-text items across scholarly and popular periodicals, newspapers, market research reports, dissertations, books, videos and more.
Capitalism like in Poland
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Why Capitalism? by ISBN: 9780199859573Publication Date: 2012-02-20
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CapitalismSource: Concise Encyclopedia of Economics
Chapter by Robert Hessen -
Different Economic SystemsSource: In Capitalism: Power, Profits, and Human Flourishing
By Erick Nilsson
Communism like China
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Essentials of Comparative Politics by ISBN: 9780393912784Publication Date: 2012-09-15
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CommunismIn The Concise Encyclopedia of Economics
Chapter by Bryan Caplan -
Economic System of CommunismSource: Chron
Overview of communism and its history.
Socialism like in Scandinavia
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Marx-Engels Reader by ISBN: 039309040XPublication Date: 1978-03-17
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What Exactly is a Socialist Economy?Source: Investopedia
An overview of the history and characteristics of a socialist economy. -
SocialismSource: Concise Encyclopedia of Economics
Chapter by Robert Heilbroner
Designing your New Nation
Finding Good Examples
Start by finding successful examples of your economic system.
For example, if you were implementing socialism, you might want to look at Nordic nations like Scandinavia. What does their political system look like? How much influence does the government have on the economy?
For capitalism, you might try Poland, Czech Republic, and Hungary.
For communism, look at China, Vietnam, and Cuba.
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globalEDGEThis website pulls data from many different government resources and provides a very detailed overview of individual countries, with a focus on economic factors.
Setting up RefWorks
RefWorks
RefWorks is a new way to collect, manage, and organize research. You can read, annotate, organize, and cite your research as well as collaborate by sharing collections.
From simple bibliographies to papers formatted with in-text citations or footnotes, RefWorks handles it all. To learn more about RefWorks, use our RefWorks research guide.
To create a RefWorks account:
- Go to the link below and click Create account
- Fill in your information, making sure to use your DelVal email address.
- Go to your inbox and click the email link to complete the activation process.
Already have an account? Just go to the link below and click "Log In"
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RefWorksCitation generation service covering hundreds of styles including Chicago Scientific (Author-Date), Journal of Animal Science, and Council of Scientific Editors (Name-Year).
Online Tutorials
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