Comparison of Economic Systems: “Free Market” (aka Capitalism), Communism, Socialism
Name three or more friends, family members and/or acquaintances that you have that own their own business. ( person 1= pharmacy, Person 2= Supermarket, Person 3= Car Shop
Taking these people into account, if you were running a country, which economic system would you apply?
Explain your answer and discuss who would benefit from your chosen economic system and how?
How does this information relate to your chosen career?
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