BUS 212 Week 3 Assignment

Assignment Content

Resources: Mind Map Podcast, Example Mind Map

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

·      Define each of the four economic systems (Capitalism, Socialism, Communism, and Mixed).

·      Compare the pros and cons of each economic system.

·      Provide an example of a country for each economic system.

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

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

Submit your Mind Map.

Note: Please ensure your submission can be opened/accessed.

Copyright 2019 by University of Phoenix. All rights reserved.