What are the three basic economic systems in the world

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Explanation:

The three systems generally considered the major economic systems in the world are: Capitalism, Socialism, and Communism. CAPITALISM has certain characteristics: Private ownership of property and of the means of production is the rule.

the secretary of state, appointed by the president with the advice and consent of the senate, is the president's chief foreign affairs adviser. the secretary carries out the president's foreign policies through the state department and the foreign service of the united states.