BUSI 604 Forum 2 – Types of Economic Systems: Liberty University

BUSI604: Forum 2 – Types of Economic Systems Name Liberty University Date Forum 2 Key Term and Why You Are Interested in It (100 words minimum ) The key term I chose for Forum 2 was Types of Economic Systems. They type of economic system mainly focused on is capitalism in America. I am interested in this because America is often used at the standard when you want to make a comparison of something against the best. Recently other countries and their economies began giving the U.S. a run for their money and have caused people to wonder if we have begun to fall behind. Types of economies also interest me because I am a firm believer there is not always one good way to do something and am curious to learn the aspect of other economies that could be beneficial.