An outline for an argumentative essay about capitalism and socialism

Let's start with a definitive description of each.

Capitalism: is a free market economy, where goods and services are produced by private firms. The goods produced are determined by market forces of Demand and Supply.

Socialism: is an economy where each member of the public owns an equal  fraction of the means by which goods and services are produced. The goods produced here are determined by the government.

Explanation: I am going to list some of the Advantages and Disadvantages of each so that you can pick the advantages of the system you are supporting and the disadvantages of the other system in your essay.

Capitalism

Advantages:

Disadvantages

Socialism

Advantages:

Disadvantages:

- "friedan's attitude towards what she calls the 'feminine mystique' is that she sees the ideal of femininity as stiffing women's potential in the 1950's. betty friedan was a writer and activist of the 1950's and 60's."

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