Any comparison of economic systems must start with these 2 worksheet questions. Fill in the chart pictured here. Start with the most basic answers. Then, after you have the basics correct, consider adding more details. Quality posts may qualify for extra credit. Also, if you have any questions about this chart post them as well.
Mercantilism
Capitalism
Socialism
Communism
How should property be owned? (All privately, all publicly, or some combination?)
What role should the government play in the economy? (Very little to none, some, A lot?)