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Athens is a city, not a country. It is not the richest city in the world. Greece, the country that Athens is in, is not the richest country in the world.
Australia is the sixth largest country in the world.
No is not. DR is a a developing country, which can be labeled a second world country.
The largest country in the world is Russia but China has the most population
In a communist country, the government decides what is produced for the good of the people, and in a free country, the people decide what is produced by what the people will buy.
No. India is a mixed economy , a combination of capitalistic and socialistic economies
Mixed economy included Capitalistic economy and also Socialistic economy. Capitalistic economy for profit earning and socialistic economy for social welfare.
Clearity how socialistic and capitilistic system influence are eco system with the help of exp?
Almost every country in the world is a mixed economic system, there are no real pure capitalistic or pure command economies any more. Nations either have a capitalistic economy (which is mixed but more capitalistic than socialistic) or mixed command economies (which has a private sector but this is dwarfed by the public sector).
Liberia is na mixed Economy,but a country like Liberia must control its people first so it is more socialistic than capitalistic. Only some sectors are free market sectors.
Yes
Vietnam
Yes! Trust a man who lived in socialistic country.
Ireland does not currently have what would be regarded as a socialist government.
Socialistis believe a country's resources should be used accordingly to a plan that's formulated by manufacturers, farmers, workers, and government officials working together. Socialists hope to adjust production to the needs of all people. A capitalistic economy on the other hand, is a free-enterprise system that's rooted in private property and markets. This gives freedom to individuals and businesses to posses and dispose of goods, services, and resources.
that there are private companies owned by people, and not the government.
Yes, it is the ultimate capitalist country.