Economy Types

Countries have varied economical systems, more or less different one from another. Here are examples you can take

Market Economy Capitalism
The entirety of the country is privatized, meaning that all factories, farms, shops and such are owned by players, and there are no business regulations.

Mixed Economy Capitalism
Mix between state capitalism and market economy. Some of the means of production are privately-owned while other are publicly-owned. Regulations at will.

State Capitalism
The government controls the totality of the means of production ( Factory, farms, companies,shops and etc... ) and properties ( Houses, for example ). This does not necessarily include personal property ( Player's personal item on them or in their chests ). Not to confuse with capitalism or socialism

Socialism
Socialism = Has a state, trying to achieve communism

The means of production are owned by the populace ( workers ) by one way or another ( Collectives or cooperative for example ). There are no enterprises or other types of hierarchy ( Government excluded ). By definition, a socialist government is an communist-governement-in-progress, with the state " slowly withering away ".

Communism ( Marxism )
Communism = No state, money-less and hierarchy-less

There are no government, and everything is owned commonly by the populace ( workers ).

Fascism
While there aren't any exact type of fascist economical system, most fascist economies are an mixed economy capitalism with an extremely strong emphasis on self-sufficiency, called " autarky ".