Capitalism

1. own private property and gain profit
2. use his/her idea and make a profit
3. further give legal tender and help the "working class." This kind of system relies on the "working class" and employer
4. Currently Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Republic of Korea, Mexico, Russia, Saudi Arabia, South Africa, Turkey, and the United Kingdom are Capitalist

This is the GDP of argentina.

Mixed Market Economy

1. protects the rights of public property and capitalism, but also allows for governments to interfere in economic activities in order to achieve social aims
2. mixed economies are less efficient than pure free markets
3. Government places limits on the nature of business activity: restricting monopoly, control pollution from factories.
4. currently Iceland, Sweden, France, the United Kingdom, the United States, Russia and China are mixed market economies.

How the US GDP looks like

GDP is a fancy term for "economy"

Socialism

1. True Democracy
2. Public ownsership Of marjor industries
3. Class that produces wealth is equal to worker
4. No private property
5. Production are owned and controlled by the state
6. Socialism gives everyone the same and does not care on gender, age, race etc.
7. Some Socialist countries: People's Republic of Cuba, Lao People's Democratic Republic, Norway, Finland, Netherlands, and Socialist Republic of Vietnam are Socialist

GDP of Cuba

Communism/Marxism

1. making everyone part of the working class.
2. officially started with both Karl Marx and Frederich Engels
3. complete equality between the people
4. no one is starving and everyone has enough to survive.
5. limited working people with poor people. Made a "Handicap"
6. Currently China, Cuba, Laos, North Korea, and Vietnam are communist countries

Vietnam GDP