Consider 3 people and how they would fare under the United States free market capitalist system vs. the Socialist/Communist system in Communist China. Clarence Thomas, a member of a historically disadvantage racial minority who started off life poor and with no advantages (watch the movie Created Equal: Clarence Thomas in his Own Words). Fan Fan Bing Bing and Jack Ma, rich and famous but not politically powerful residents of Communist China (refer to the articles in the Homework-The Party, The Secret World of China's Communist Rulers or do an internet search for information). Yourself, a young person with your life ahead of you. What are advantages/disadvantages and consequences of being born in the USA vs. Communist China for each of these 3 people? Which system is better or worse for which person? Discuss your opinions for each of the 3 people in light of the economic principles presented in the class. Your paper should be about 3 pages