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.