Q Being students of business and economics, you should be familiar with the concepts of capitalism and socialism, or generally speaking, command and market-based economies. What would like you to do is list 2 benefits and 2 drawbacks to each system, and then briefly explain why examples of pure socialism and pure capitalism tend to be more theoretical in nature and less likely to be found in reality. In order to receive full credit on this discussion board, you will also need to comment (respectfully) on at least one other student's post.
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