Economic Systems Essay In the world, there are 3 main economic systems and every country falls into at least 1 of these economic categories. No country is categorized totally into one of these systems, but every country is uniquely mixed with combinations of the 3 systems ( capitalism, communism, and socialism.) Of the 3 systems, capitalism is the best economic system for a country because it offers people the right to own a business, allows people to keep more luxuries, and make as much money as they want. In capitalism, citizens are guaranteed the right to own any business. This offers anyone more control in the economy. If a person works hard, they can get paid for something they enjoy doing. In a communist system, you are assigned a job, whether you enjoy it or not.
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