A
system
of
rules
and
regulations
explaining
how
a
country
manages
money
is
called
an
____________________
.
Every
country
has
some
type
of
economy
.
There
are
three
main
economies
we've
studied
:
Free
Enterprise
,
Communism
,
and
Socialism
.
A
____________________
economy
has
very
little
interference
from
the
government
.
This
means
everyday
citizens
have
a
lot
more
____________________
in
what
they
want
to
buy
or
how
much
they're
willing
to
pay
for
it
.
Companies
must
compete
to
make
good
products
for
low
prices
.
People
who
have
good
products
and
good
business
ideas
can
make
a
lot
of
____________________
.
In
free
enterprise
economy
,
people
make
____________________
amounts
of
money
based
on
hard
work
,
skill
,
knowledge
,
and
ideas
.
One
country
with
a
free
enterprise
economy
is
the
____________________
.
In
____________________
,
the
____________________
owns
major
industries
like
healthcare
,
education
,
construction
,
and
factories
.
The
government
is
also
in
charge
of
____________________
,
or
handing
out
,
resources
like
money
or
goods
.
The
goal
is
to
make
sure
everyone
has
____________________
amounts
.
This
can
be
good
to
help
everyone
be
equal
.
This
can
be
bad
because
no
one
can
get
ahead
by
working
harder
than
others
or
coming
up
with
better
ideas
.
Socialism
is
very
popular
in
Europe
.
One
country
with
a
socialist
economy
is
____________________
.
In
____________________
,
the
government
owns
everything
.
People
do
not
own
their
own
stuff
,
even
the
money
they
earn
by
____________________
.
Because
of
this
,
people
in
communist
countries
often
do
not
want
to
work
very
____________________
.
They
feel
like
hard
work
does
not
matter
.
In
countries
with
communism
,
they
usually
run
out
of
____________________
or
resources
because
no
one
is
working
very
hard
to
make
more
or
come
up
with
new
ideas
or
products
.
Most
communism
countries
end
up
failing
and
changing
to
a
different
type
of
economy
.
One
country
that
currently
has
communism
is
____________________
.
