The three types of economic system include

 After considering the characteristics of each alternative economic system coupled with your recently expanded knowledge of our capitalistic economy,

After considering the characteristics of each alternative economic system coupled with your recently expanded knowledge of our capitalistic economy, discuss the advantages and disadvantages of these systems and which one would best serve the needs of the American people in general. Be very explicit with your answers and opinions.

Special Note: Remember, you will be heavily graded on your discussion questions. I still expect well-thought-out responses and 100% interaction among you and your classmates. I expect a minimum of 8 posts per student.

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The three types of economic system include; the Socialist, Capitalist and mixed ecomomies. Socialist system or command economies are systems that are fully controlled by the government, resource management and choices are left and made by the government. Some of…………………………

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