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Earn +20 ptsQ: In a capitalist system the government owns property and decides how to use it true or false?
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Continue Learning about American Government
What are the three basic characteristics of a capitalist system?
Private Property, a market system, and worker freedom.
Does Cuba have a presidential or parliamentary system of government?
No it has a communist government
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.
What type of government did china have 60 years ago?
Sixty years ago (in 1962), China had a state capitalist economic system, with a dictatorial government. It now has a mix of state and private capitalism.
A system of governament in which there is no private property and the government owns everything?
It is called Containment.
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