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Phoenix BUS 212 Differences in Economies

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Phoenix BUS 212 Differences in Economies

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Differences in Economies

There are 3 major economies around the world that different nations use. In this report I intend to explain how they work, the pros and cons of each and how a single one could affect the company I chose in week 1.

Capitalist Economy

This is the economy the United States operates under. Most of the production and distribution, like land, businesses, and factories are owned by one or more people, these people have the choice to make all the decisions.

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