Which economic system is best suited for handling a crisis of epic proportions (hurricane, flood, blizzard, forest fire, etc.)? Why?
A socialist system is the best economic system to handle emergency situations. First, let’s understand what a socialist society is. “A socialism society is where the state owns certain productive resources. The government manages efforts to minimize dramatic differences between economic classes, and opportunities are given to entrepreneurs, with varying degree of restrictions.” “It lies somewhere between communism and capitalism, with a fairly high degree of government planning and some government ownership of capital resources.” (Bovee)
“All individuals have access to basic articles of consumption and public goods to allow for self-actualization. Large-scale industries are collective efforts and thus the returns from these industries must benefit society as a whole.” [http://www.diffen.com/difference/Capitalism_vs_Socialism]
A socialist system can help a country concentrate efforts and resources to an emergency. One of the most important disaster response strategies of a socialist society is to mobilize the entire country to help disaster areas. They can launch a general mobilization and send soldiers to the disaster area shortly after an emergency. The government will help everyone equally. In addition to government efforts, individuals and organizations can provide assistance to the affected area. They can send use their own resources to assist, whether it’s monetary assistance, practical assistance or sending supplies to the affected people.

Describe and explain why a socialistic 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.
The socialistic system would be best to respond to the Haiti earthquake in January