<span>Homework Help </span>> BusinessWhat are the types of economic systems?<span>Download AnswersAsked on October 2, 2009 at 7:03 AM by sweet107<span>like 7</span><span>dislike 0</span></span><span><span>34 Answers | Add Yours</span><span>pohnpei397 | <span>College Teacher </span>| (Level 3) Distinguished EducatorPosted on October 2, 2009 at 9:54 AMEconomists generally recognize three distinct types of economic system. These are 1) command economies; 2) market economies and 3) traditional economies. Each of these kinds of economies answers the three basic economic questions (What to produce, how to produce it, for whom to produce it) in different ways.<span>Ads by ZINC<span /></span>In a command economy, the government decides the answers to the three basic questions. It decides what will be made, how they will be made, and who will get them. Recently, pure command economies have usually been communist countries. Good examples today would be North Korea and China.</span></span>
The South African activist and former president Nelson Mandela (1918-2013) helped bring an end to apartheid and has been a global advocate for human rights.<span>A member of the African National Congress party beginning in the 1940s, he was a leader of both peaceful protests and armed resistance against the white minority’s oppressive regime in a racially divided South Africa.
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The American Colonization Society (ACS) was formed in 1817 to send free African-Americans to Africa as an alternative to emancipation in the United States.
