Describe your vision of a model economic system - is it capitalist, socialist, or somewhere in between?

Describe your vision of a model economic system - is it capitalist, socialist, or somewhere in between? In your answer be sure to compare and contrast the two major economic systems (capitalism and socialism).

Capitalism and SocialismSocialism is more mixed economy where government or states plan and producegoods and either own or redistribute the resources among its citizen while capitalism is an...