Discuss the benefits and problems of capitalism and
socialism, and evaluate which system provides the
greater overall benefit to society.
write a clear claim that responds to the prompt.

Capitalism provides more benefit to society because it gives people more choice, allows people to create more wealth, and ensures that what society needs is produced.

Economies can be classified on basis of policies and regulations. The major difference between capitalism and socialism is the role of government ion regulating the economy.

Capitalism is characterised by economic growth and economic freedom, it functions on laissez-faire principle and in free market economies there is no government interference in the  economy. While socialism depends on the control of the economy by the state. A central planning authority plans it to provide social welfare. The country/ economy having qualities of both Capitalism and Socialism is better than purely socialist and purely capitalist one.  

Monopoly of power, Inequality, Recession and unemployment are some disadvantages of Capitalism while  lack of  motivation, less entrepreneurial opportunity and competition are disadvantage of Socialist economy.

richard allen was a minister for a african methodist episcopal church. he was also a educator and a writer one of america most active and influential black leaders. in 1794, he founded a african methodist episcopal church in philadelphia, pennsylvania. the church that he founded was the first independent african american denomination in the united states. he was a influential leader that makes many people feel comfortable under his preachings. they trusted him and supported him even though it could get them in trouble because slavery was happening. he risked his life to bring slaves and others closer to god and writing books. as a boy he and his family were slaves but some how he managed to teach himself how to read, write and preach. he has written four books about his life, slavery and hymns/preaching.