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A capitalist economy since its conception.

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Q: Is Uruguay a capitalist or communist economy?
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Is Uruguay communist?

No, it's capitalist, it has always been.


Is Switzerland a communist state?

No, it has a capitalist economy.


What type of political system is china?

Communist, but there economy is capitalist.


What is economy system in US?

Communist. It used to be Capitalist, but Obama changed all that.


Is Russia a capitalist country?

Russia is still in transition from a communist economy to a capitalist one. There have been some successes, but the nation is still in some turmoil economically.


What type of economy does armenia have?

Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.


Does china have a mixed economy?

Yes, in the sense of a mix of state and private capitalism.


Does US have a command economy?

No, the US has a market economy a result of its capitalist policies, command economies can be found in communist countries.


Is Russia a comunism or capitalism economy?

currently russia is a semi capitalist socialist economy. the soviet union, which collapsed in 1991 was communist.


What is another name for a capitalist economy?

Another name of capitalism is "communist"


What type of economy is Egypt?

Market / Capitalist, as opposed to Communist. The current government has reformed the highly centralized economy it inherited from President Gamal Abdel Nasser.


Is Vietnam socialist or communist?

Yes, in a sense that they have only a single party government, however they opened their economy to progress their commerce in a capitalist like manner.