SOC 100
In the first four weeks of the course you have learned why the study of sociology matters in your life and career. You have explored the skill of problem solving by using the scientific method and discovered how you can use your self and social awareness skill to help solve problems. You have also explored the concept of culture and discovered why relationship building is an essential skill for success.
The following question will give you a chance to self-evaluate, to think about what you’ve been learning in this course, and to draw your own conclusions about how you can apply sociology in your life. Your answers may be used to determine how to improve the program for future students. Your answers will not be used for marketing purposes. Please respond in a paragraph of at least 5–7 sentences in a Word document to fully address each question. Be sure to use your own words!
How can you apply these skills to both sociological questions and problems you are facing in your personal and professional life?
How can you apply the skill of relationship building as you attempt to work with a group of diverse members?
2. BUS Ethics
Week 4 Assignment – The Role of Capitalism
Overview
Capitalism is an economic and political system in which a country’s trade and industry are controlled by private owners for profit, rather than by the state. Socialism is a political and economic theory of social organization that advocates for the means of production, distribution, and exchange being owned or regulated by the community as a whole (1). Understanding the difference between capitalism and socialism will help you understand how these economic systems impact how resources are collected and distributed within society, which is connected to that society’s system of work. In this assignment, you will write an essay discussing how capitalism and socialism function in different countries.
Preparation
Choose one capitalist country and one socialist country from the following lists:
Capitalist Country
US
UK
Japan
Socialist Country
China
Cuba
Venezuela
Instructions
After choosing your countries, use the corresponding library guide to research your chosen countries and then write a one-page essay in which you do the following:
Explain the concepts of capitalism and socialism in your chosen countries.
Compare and contrast capitalism and socialism in your chosen countries with supporting definitions, explanations, and examples.
Identify three pros and three cons for both capitalism and socialism in your chosen countries.
The specific course learning outcome associated with this assignment is:
Examine the role capitalism plays in corporate decision making.
Sources
1. William H. Shaw. 2014. Business Ethics: A Textbook with Cases. Wadsworth, Cengage Learning 8th edition textbook.