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Chapter 22

Capitalism affects life in America in many ways. Capitalism is defined as an economic system through private or corporate ownership of capital goods. To me, this means that distribution of goods that are determined mainly by competition in a free market.. Capitalism affects the nation through they way it helps the growth of free market which is why it si very important today.

Socialism affects life in America in negative ways. This is because it has slow economic growth, less competition. To me, this means that_that the economy will go down and be affected drastically, which is how social ism affects the nation. Its impact is very important today because of how it negatively affects the lives of families and the economy.

Communism affects life in America in negative ways. This is because they have very strict limitations as to what they can and cannot do, which can hamper productivity and innovation.. To me, this means since there is no competition amongst firms, each is given the same amount of money and each worker is paid the same, with the same expectations of each.. This can affect families through the way it negatively affects the economy which is also its overall effect on the nation. Its impact has destroyed alot of country’s economy which is why it is so bad for the country.

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Chapter 23

Development affects life in America in important ways. This is because part of development determines a country’s economic standing. To me, this means that the less “developed” a country is the less it is the less economic development there is. Development is seen as necessary to my family. This can affect families because there will be more economic limitations a less developed country will have. Development affects the nation because development affects the health of the economy. Its impact is very important today because of its determining factors.

Maintaining world peace affects life in America in many ways. This affects life not only in America, but also the world. To me, this means that World peace helps with the maintaining a system of government. This can affect families through the way wars, and attacks on peace can divide families. World peace affects the nation through they way it can help with the protection of its citizens as without war no attacks on the government or its people would happen. World peace is generally seen as impossible, Why? The talk of world peace is still relevant today because of the current war happening in Afghanistan.

International laws affects life in America in many ways. It provides saftey to America and its people. To me, this means that these laws protect countries who have signed a treaty or have agreed to be part of an international group like the United Nations. This can affect families through the way it provides a way for citziens of a country to be protected by not only by their own government but also others. This affects the nation through they way it has protected and maintained a form of peace between certain nations. Its impact is very important today because of the creation of the United Nations who help enforce International laws. Its relevance today is that of North Korea threatening other countries with Nuclear warfare..