Comparison of Economic Systems: “Free Market” (aka Capitalism), Communism, SocialismName three or more friends, family members and/or acquaintances that you have that own their own business.

Economic Systems
Comparison of Economic Systems: “Free Market” (aka Capitalism), Communism, SocialismName 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 ShopTaking 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?