World Economic Systems

World Geography 10   Essay #1: Economic Systems Prompt: The governments of the world generally have economic systems that can be classified as capitalist, socialist, or mixed economies. Write a formal essay including ALL of the topics below (not in any particular order): 1) Definition of each economic system. 2) Explanation of each system’s basic tenets. 3) Who founded/developed each system, if applicable. 4) Explain advantages and disadvantages…