Compare the pros and cons of each economic system

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Reference no: EM132570871

Create a Mind Map using a tool such as Popplet®, Mindmeister®, GoConqr®, or a Microsoft® Word document in which you do the following:

1. Define each economic system.

2. Provide an example of each economic system.

3. Compare the pros and cons of each economic system.

4. Identify the economic system we have in the United States.

5. Explain why it is important to have an economic system.

Reference no: EM132570871

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