dolution

Select one of the following two topics to discuss in your main post. For your response posts, respond to at least one peer addressing each topic for your two responses. Remember, your main post should be at least 600 words before citations, your responses should be at least 200 words each, and citations should be done in APA format. Have a great week!

Topic 1: Show your understanding of the principles of supply and demand by looking at the oil market today. Go online and search for a chart of oil prices for the last few years. Why does the price of oil fluctuate so greatly? What will happen as more and more people in China and India decide to buy automobiles? What would happen if most Canadian consumers decided to drive electric cars?

Topic 2: Discuss the advantages of living in a capitalist society. Also, Discuss what are the disadvantages of a capitalist society, and how could such disadvantages be minimized? Describe why a person in a socialist country might reject capitalism and prefer a socialist state.