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.