Prepare a two- to three-page paper in APA style, sixth edition format that describes, explains,
addresses, and answers the following questions or statements. Which economic system is best
suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why?
Describe and explain why a socialist system might be the best in responding to the needs of
people struck by an emergency situation like the earthquake that occurred in Haiti in January
2010. Use the laws of supply and demand to explain why the cost to heat our homes and
businesses goes up in the winter time. Be sure to explain your answer fully. Include APA style
in-text citations, as well as a reference section.
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