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Part of the economy that is neither taxed nor monitored by any form of government, often cash-based and includes unregistered employment. Prevalent worldwide, especially in developing countries.

An economic system in which the government or central authority makes all decisions regarding production and consumption of goods and services. Countries: North Korea.

An economic development model that is based on sustainable development and a knowledge of ecological economics. Examples: Scandinavia and other countries implementing eco-friendly policies.

An economic system combining elements of capitalism and socialism, where both market forces and state intervention coexist. Countries: France, Sweden, United Kingdom.

A classless, stateless society where all property is publicly owned, and each person works and is paid according to their abilities and needs. Countries: Historically Soviet Union, currently no pure example.

An economic system where the means of production are either state-owned or commonly owned and controlled cooperatively; distribution is made to everyone's benefit. Countries: Cuba, Vietnam.

An economic system characterized by private or corporate ownership of capital goods and market-determined prices. Countries: United States, Canada, Germany.

A medieval economic system based on land ownership and a hierarchy of power, including lords, vassals, and serfs. No present-day countries; historical example: Medieval Europe.

An economic system based on customs, history, and time-honored beliefs, where resource distribution is based on inheritance. Present in some rural regions and tribal communities.