Economic Systems In the world today there are primarily three types of economies and they are capitalism, socialism, and communism. The United States is an example of a capitalistic country, where Cuba is an example of a country adhering to Communism. These three economic types have scattered similarities as well as striking differences. Capitalism is a system of economics governed b the will of the people and the doctrine of free enterprise. Socialism is a …showed first 75 words of 350 total…

…showed last 75 words of 350 total…