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There are now almost no countries (except perhaps North Korea and Cuba) that do not basically employ a capitalist economic system. The system of government may be Dictatorship or communist but the economic systems have all reverted to capitalistic principles.
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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 US a capitalist economy or mixed economy?
Capitalist: wages system,production for profit, class ownership.
How does a traditional economy differ from a capitalist economy?
In a capitalist system, the government answers the three basic questions.
Does Mexico have a capitalist traditional or command economy?
Mexico has a traditional capitalist economy, transitioning to a modern capitalist one -- Mexico is an Emerging Market (EM), or Newly Industrialized Country (NIC).Mexico has never been a command economy.
Is Australia socialist or captalist?
Yes No, Australia has a mixed economy with many of the feature of a capitalist system such as a free enterprise system but also a government opperated social security system that is paid for out of taxation. The fact is that there is no such thing as a capitalist country in the world.
Is South Korea a capitalist?
The economy of South Korea is a capitalist that exists in a mixed economy. The economy system of South Korea, combines both the public and private companies.
What type of economic system does Greece have?
Greece is a capitalist economy
What type of political system is china?
Communist, but there economy is capitalist.
What is barbados economic system?
Barbados is a democratic capitalist economy.
Which type economy does the US have?
The US has an open economy. This type of economy has a capitalist nature.
What kind of economic system does Poland have?
Capitalist: class ownership, wages system, production for sale.
Is france's economy more capitalist or socialist?
Capitalist: class ownership, wages system, production for sale.
