Capitalism vs Socialism Sort
The Match company made blankets for
camping. The blankets became popular very
quickly and sold out everywhere. The
company decided that they would not longer
make tents and only make the blankets
because they could sell more blankets. This
led to the company making more profits or
money.
Most people do not have a car to get places.
The government would like to have their own
transportation, or way to get around, because
keeping up the public buses is very costly.
Also, they can charge taxes and fees for each
car bought. The government decides to start
making cars and selling them for a cheap
price so that most people can afford to buy
one.
A new video game system has come out on
the market and everyone wants one. The
Nintendo company cannot produce or make
them fast enough for everyone to get one.
The Sony company sees that Nintendo is not
able to keep up with the demand and decides
to create a game system that is almost
exactly the same as Nintenedo’s. The Sony
company is able to make their system faster
and sells the system for $50 less.
Shoes are made and sold for the least
amount of profit (money). The goal of making
the shoes is to be sure that everyone can
have a pair, not to make the most money
from them. Unfortunately, most of the shoes
made are not of good quality and do not last
for a long time but everyone is able to have
some kind of shoes.
The Apple company has recently seen less
profit or money being made from their best
selling product the iPhone. They decide to
make a new phone that is a little larger, has
more memory, and a few new features. They
also decide to reduce (lessen) the price of
their other iPhones on the market. This new
phone creates excitement and everyone
begins to purchase iPhones again.
Everyone has the ability to go to college for
free. The government decides where
colleges are needed and has them built. As
students in the society are old enough to go,
they can decide which college they would like
to attend and go there. The professors teach
at the college for the government and there is
not price to attend.