Explain socialist and mixed economic system.

What are Traditional Society, Command Economy, Market Economy, and Mixed Economy? Which is best?

What is the best economic system?

Describe the types of economic systems. In less than 100 words only.

Define mixed economic system.   Karl Marx predicted that a capitalist economy would have what consequences?

List  AND EXPLAIN three types of economic systems. Based on the information provided and your experience, Identify the economic system that is practiced in the United States.

Describe three different kinds of economic systems.

the difference between mercantilism, liberalism, and Marxism. How does each view the purpose of economic activity?

Choose a simple economic term and explain it.

Describe the types of economic systems. Traditional economic system Command economic system Market economic system Mixed system