The U.S. federal government is responsible for looking after the wants and needs of the country as a whole. It may be based in Washington, DC, but its influence is felt right across the nation.

Different economic systems have been developed to meet the needs and wants of the citizens of a country or society. These systems have distinct advantages and downsides for producers, consumers, and governments.

Different economic systems have been developed to meet the needs and wants of the citizens of a country or society. These systems have distinct advantages and downsides for producers, consumers, and governments.