Defining Terms

For those of you who want a brief description of economic systems, Neal Boortz has up a good description which I will post here:

* An economic system where both industry and business is owned and controlled by the government ..... Socialism.
* An economic system where industry and business is privately owned, but controlled by the government ..... Fascism.
* An economic system where industry and business is privately owned an privately controlled. .... Free enterprise.