Based on the data of your research, make an organized essay that addresses the following task:

• Contrast the social and economic differences between capitalism, socialism, and communism.
• Why is it so necessary to have a freely elected government for democratic capitalism to create a prosperous and fair economy?
• Analyze at least two reasons why, throughout the history of the United States, Americans have feared communism.

Your essay must:

1. Include an introduction with a clear understanding of economic systems
2. Support your answer with specific examples from the reading
3. Have at least 2 detailed body paragraphs
4. Include transition sentences
5. Include a conclusion that restates the economic concepts and summarizes the main points of your essay.
6. Be proofread for good spelling/grammar
7. Include text-based details
8. Please provide the references link

Please do not limit your research to these websites but here are a few useful ones:

• General economic data:https://www.cia.gov/the-world-factbook/field/economic-overview/(Links to an external site.)
• GDP: https://www.cia.gov/the-world-factbook/field/real-gdp-per-capita/country-comparison(Links to an external site.)
• Inflation rate (Consumer price): https://www.cia.gov/the-world-factbook/field/inflation-rate-consumer-prices/country-comparison(Links to an external site.)
• Average income comparison: https://www.worlddata.info/average-income.php(Links to an external site.)
• Education comparison: https://ourworldindata.org/tertiary-education