Apply Economic Systems Mind Map

Question Description

Resources: Mind Map Podcast, Example Mind Map

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

• Define each economic system
• Provide an example of each economic system
• Compare the pros and cons of each economic system
• Identify the economic system we have in the United States
• Explain why it is important to have an economic system

Your Mind Map should be between 525 to 700 words total.