Write a short introduction ending with a thesis statement. The thesis statement should include the two countries chosen and answer the questions:
Which country would be the best place to live?
Which country would be the best place to start your business?
Suggested Organization
Paragraph 1. Describe each economic system and point out the main characteristics, advantages, and disadvantages of each.
Paragraph 2-4. For both countries, analyze the following economic indicators for the last three years (2020 -2022) and display them in a data table.
Real GDP
Rate of economic growth from year to year
Real GDP per capita
Inflation rate
Unemployment rate
Life expectancy
Average years of schooling
Paragraph 5. Conclusion paragraph: Bring the essay portion of the project to a logical close.
Based on your research, explain:
Which country would be the best place to live?
Which country would be the best place to locate your own business, and expect it to prosper?
Explain your reasoning and use the economic indicators to draw your conclusions.