Natural Resources (Capitalism vs. Socialism)

    Capitalistic governments have no control over any natural resources. All natural resources are controlled by the people. Prices of natural resources are driven up and down solely by the market, competition, and supply and demand.
    In socialistic economies, government controls some natural resources they can control them by controlling price or the resource itself. One example of a socialist government controlling a natural resource is with a minimum wage. People and their skills are considered an essential natural resource, and when a government controls to a degree how much employers must pay for this natural resource, the government is showing socialistic qualities.

Capitalism, Socialism, and Communism in Schools

    In capitalistic schools, students have complete choice in classes. There are no public schools; all schools are privately owned. There is also no government funding. Competition fuels the quality of capitalistic schools. Not all children must attend school.
    Communistic school systems consist of government funded, owned, and run public schools. Schools are uniform. Students are not able to choose their classes. Career choices (and therefore education) are chosen by the government. All students are educated, but education is specialized based on assessments of students' talents and on students' chosen careers.
    Socialistic education systems are a mixture of communistic and capitalistic education systems. Some choice is awarded to students in the choosing of their classes, education, and career paths. There are both public and private schools. There is some government funding. Everyone has the same opportunity for education in socialistic school systems.

20% Project December

   We will evaluate our project based on how much money we raise. Our goal is to raise more than $21,000. This month we came up with a couple of new ideas for fund raisers. Our biggest obstacle is that our first two ideas, which would have made a lot of money have fallen through. Now our biggest obstacle is coming up with and planning new ideas to make as much money with much more limited time.