[ORDER SOLUTION] The US Economic System
Trading Places Essay AssignmentMr. DLugo: Economics, Spring 2021Overview: Section 5 of Chapter 3 in the TCI Economics Alive! digital textbook discusses 7 key characteristics of the US economic systemYour job in this essay is to pick three of these characteristics and compare what the TCI Economics Alive! digital textbook says about how they are supposed to work in the American economy with how those same characteristics are shown to work in the movie, Trading Places.Steps: 1. Pick 3 of the 7 characteristics of the American economy discussed in Section 5 of chapter 3. Here are the 7 characteristics:1. Economic Freedom 2. Competition3. Equal Opportunity 4. Binding Contracts5. Property Rights 6. Profit Motive7. Limited Government2. Fill out the Trading Places Essay Graphic Organizera. You will need to create a thesis for your essay. Look at the first part of the Trading Places Essay Graphic Organizer to help you do this.3. Write your essay. The essay consists of 8 paragraphs. Here is the structure for how the essay should look:1. Intro paragraph with thesis and 3 characteristics of the American economy from chapter 3, section 5 the student wants to write about.2. Body paragraph 1: Explain how characteristic #1 is supposed to work according to the textbook3. Body paragraph 2: Does the movie Trading Places show this characteristic working as the textbook says or not?4. Body paragraph 3: Explain how characteristic #2 is supposed to work according to the textbook.5. Body paragraph 4: Does the movie Trading Places show this characteristic working as the textbook says or not?6. Body paragraph 5: Explain how characteristic #3 is supposed to work according to the textbook.7. Body paragraph 6: Does the movie Trading Places show this characteristic working as the textbook says or not?8. Conclusion