Government {Communism VS. Socialism}

   There are a numerous amount of differences between socialistic and communistic government systems. In a communist societies,  the government has complete control of everything in your life. From the moment you're born, they're able to manipulate and design your life in whichever ways they want from which school you attend to which career you go into. Socialism provides many experiences for a person according to the path that individual wishes to take. There are very limited similarities between socialist and communist government styles. Of both societies, the government is required to provide protection and a type of currency for their citizens. In socialistic countries, the citizens have a right to elect officials to represent them legally in the government. In a communist society, control from the government allows them to select representing figures.

Health Care {Capitalism VS. Socialism}

       Communism and Socialism are able to provide basic health care necesities to the public. Unlike socialism, communism is funded by the government and provides higher levels of health care based on the need of the individual. Socialism funds the health care through taxation based on income. The tax payments are distributed evenly for basic health care for everyone who requires it. Although Socialism provides the basic needs of health care, citizens are able to purchase higher levels of care based on their individual needs and wealth. 

Natural Resources {Communism vs. Socialism}

       Pertaining to communism and socialism, natural resources are delt with in different manners. In some situations, prices are controlled by either the people or the government. 

Socialism:
oil- government
water- government
solar- neither
timber- government
coal/minerals- government
wild game- government

Communism:

oil- government
water- government
solar- neither
timber- government
coal/minerals- government
wild game- government

20% Update

•Throught this project, Allie and I learned that what you want isn't always what you need. We learned how to spend money wisely on education and how easy it was to get a scholarship. It was successful for us because we are now easily able to reasonably think about our future. 

•This month, we have put together all of our gathered information so it's more comprehensible to others. 

•Throughout this project, it was difficult to find some necessary information because there weren't many statistics to go off from. 

Schools {CCS}

     Socialist, Communist, and Capitalist countries are all unique and similar in numerous ways in the field of education. In socialistic societies, students are given freedom to select their desired career paths. However, the schools they attend are all chosen for them according to their career. In communist countries, schooling is mandatory. Students are required to finish schooling. Depending on what is needed by the country and what a specific student excels at, their career path and schooling options are chosen for students. In capitalistic places, students have the right to choose which career path they wish to take and whether they want to participate in public or private schooling options. Socialist and communistic societies both have public schooling while capitalist and socialist societies have private schooling.

Definitions

A stock is a share of a company that you're permitted to purchase.

A dividend is when a company pays the shareholder, often quarterly, an amount of money. The amount given is based on the company's overall profit.

A trade is a stock owned for six months or less. 

A catalyst is something that initiates an event to happen. 

Lemonade Stand

       

       The average cost of one cup of lemonade was 12 cents to produce. The variables involved in the game included when to buy and how much to buy of the necessary ingredients. The sugar, ice, and lemons were all perishable. The constants present in the game were the cups. I didn't gain much from this game, but it provided a brief introduction of how businesses work.