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Which type economy does the US have?
The US has an open economy. This type of economy has a capitalist nature.
Does the US have a communist government or capitalist?
YES. The US is a mixed economy, but is primarily a free-market capitalist economy. Most businesses are owned by private individuals and the government does not control investment or business choices.
Does France have a democratic socialist economy?
France is capitalist: class system, wage labour, production for sale at a profit.
Why is Laizzez-faire important?
Depends who you ask. Laissez-faire advocates will say that state interference is messing with companies' ability to be truly competitive with each other and that this will disadvantage the economy. The opposite will say that state interference is necessary because of the competitiveness between companies, and that the economy needs to be kept in check to some extent in order not to harm the people. There is no agreement on whether or not either way is true, there is no agreement on how much the economy needs to be kept in check. As a result, all western countries have a mixed capitalist economy.
How do independent regulatory agencies influence the U.S. government?
they independently create and enforce policies to monitor the economy
What is the economic system of Argentina?
Chile has a moderated capitalist economy.
Is Ghana a capitalist or socialist economy?
Ghana is a capitalist economy.
Is US a capitalist economy or mixed economy?
Capitalist: wages system,production for profit, class ownership.
Is Uruguay a capitalist or communist economy?
A capitalist economy since its conception.
List of countries with capitalist economy?
Two of the countries that have a capitalist economy include: Germany and the United States. Also, China, India, and Japan have a capitalist economy.
Is Britain a capitalist or socialist economy?
true
Price system between capitalist economy and socialist economy?
Socialism has no money, no economy and no prices. Under capitalism, prices are essentially determined by the amount of labour involved in producing something (affected too by supply and demand, among other things).
Is free enterprise found in a capitalist economy or socialist economy?
It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist
How is Barbados a democratic capitalist economy?
is barbados a capitalist country
What are the supportive arguments you will raise favouring capitalist economy?
what are supportive argument you will raise favouring capitalist economy
How does a traditional economy differ from a capitalist economy?
In a capitalist system, the government answers the three basic questions.
Is Japan a have a command economy?
No Japan has a capitalist economy.
