John Adams famously said of the U.S. Constitution, “Our Constitution was made only for a moral and religious people. It is wholly inadequate to the governing of any other.” In Economics, perfect markets are the ideal in a capitalistic economy, but they do not exist. Instead, we have various imperfectly competitive market types, which lead to excessive profits.
Write a 2 to 3 page paper discussing whether or not John Adams might have had the same opinion of capitalism as he did of the U.S. Constitution and why you think that. The paper should include at least two relevant scripture references from the Bible’s viewpoint. At least two academic sources should be cited in addition to the books by Stapleford or Sowell. At least three sources should be included. The writing should be formal, with no slang, abbreviations, contractions, etc., and use the APA 7e style. A paper exhibiting poor grammar can receive a failing grade regardless of the quality of the content.
Rubric
100 Point Essay Rubric
100 Point Essay Rubric
Criteria Ratings Pts
This criterion is linked to a Learning OutcomeTopic
20 to >15.0 pts
Proficient
Topic relevant, and with specific focus throughout.
15 to >11.0 pts
Competent
Topic relevant but sometimes without focus.
11 to >6.0 pts
Developing
Topic used without focus; undefined
6 to >0 pts
Poor
Undefined topic, unrelated to materials.
20 pts
This criterion is linked to a Learning OutcomeCritical Thought
20 to >15.0 pts
Proficient
The essay was developmentally applicable, with an evident process of critical thought.
15 to >11.0 pts
Competent
The essay lacked development; however, critical thought was evident.
11 to >6.0 pts
Developing
The essay did not develop appropriately. Multiple factors were lacking.
6 to >0 pts
Poor
The essay indicated that no critical thought was given to the specified topic or discussion.
20 pts
This criterion is linked to a Learning OutcomeAPA/MLA Guidelines
20 to >15.0 pts
Proficient
Guidelines were met (citing sources, references, documentation, etc.)
15 to >11.0 pts
Competent
Minor mistakes made with citations and related documentation.
11 to >6.0 pts
Developing
Numerous mistakes made with citations and documentation.
6 to >0 pts
Poor
Specified guidelines were not used, or not used appropriately (citing sources, documentation, etc.)
20 pts
This criterion is linked to a Learning OutcomeCited Sources
20 to >15.0 pts
Proficient
Sources were cited properly; included minimum number of ACADEMIC quality references.
15 to >11.0 pts
Competent
Minor mistakes were made; included minimum number of ACADEMIC quality references.
11 to >6.0 pts
Developing
Sources were not properly cited; included the minimum number of ACADEMIC quality references.
6 to >0 pts
Poor
Sources were not properly cited; did not include minimum number of ACADEMIC quality references.
20 pts
This criterion is linked to a Learning OutcomeOverall Structure:
Correct formatting, grammar usage, spelling errors, etc.
20 to >15.0 pts
Proficient
No formatting errors; essay met length requirement; good sentence structure, grammar usage, etc.
15 to >11.0 pts
Competent
Minor formatting errors, essay met length requirement; fai sentence structure, grammar usage, etc.
11 to >6.0 pts
Developing
Major formatting errors; essay meth length requirement; poor sentence structure, grammar usage, etc.
6 to >0 pts
Poor
Major formatting errors; essay did not meet minimum length requirement, poor sentence structure, grammar usage, etc.
20 pts
Total Points: 100
