Hi, I need help with essay on Capstone Paper. Paper must be at least 1250 words. Please, no plagiarized work!The economic system is a well-structured forum through which a state apportions its resourc

Hi, I need help with essay on Capstone Paper. Paper must be at least 1250 words. Please, no plagiarized work!

The economic system is a well-structured forum through which a state apportions its resources to all parts of the country for the well-being of its people. On the other hand, the political system is a legal institution that is set to govern a state. Currently, every other country in the world has its own political and economic system. However, all these systems are structured towards the well being of their citizens. Therefore, good governance is influenced by the good political system, the same case with strong economic systems. This paper will focus on comparing the political and economic systems of USA to that of China and South Africa.

Political systems

In most cases, a political system of any society is structured in a constitution. Unites States of America constitution has been in existence since 1789, 200 years down the line. It is known to be the most stable of all constitutions in the world since it has been amended for only 27 times. It divides the government into three independent bodies which are: the legislative, executive and judiciary. The legislative power is manifested by the congress that comprises of 100 senates and 435 members of the house representatives. The congress is a law making body, as well as, the state finance managing body. The senate serves for six years while the house representative serves for two years. The president of the United States of America, his vice president and the ministers forms the executive arm of government.