There are many different permutations of economic systems in communities, states, and countries throughout the world, but each of these economic systems generally adhere to certain rule sets. These rule sets may differ from place to place, and may affect the ways in which markets interact within certain regions. In the world today, the prevailing form of economic system that is utilized is a capitalistic system of economy; however, there are many different types of capitalist systems, and there are similarly many different ways in which the capitalist system is expressed within a society. Some of the competing schools Continue reading...
