Want this question answered?
Free-market
A capitalist country has a free-market economic system.
Yes! they are capitalist country though, but socialist in hiding!
capitalist
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
free market
Free-market
Lenin called it the "New Economic Policy." It was more of a modification of the socialist system, which Lenin had imposed on the country than a modification of the former capitalist system.
A capitalist country has a free-market economic system.
Yes! they are capitalist country though, but socialist in hiding!
India is currently a capitalist country with some limited governmental interference.
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.
capitalist
Having a monarchy has no effect on the economic system of that country. Monarchies have presided over traditional economic states, mercantilist states, capitalist states, welfare-socialist states, etc.
Capitalism is an economic system and is a social system that is based on freedom. Most countries are capitalist countries including the United States, Germany, Canada, United Kingdom, India, and China.
Romania is a capitalist country.
Capitalist