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Q: Can a country be capitalistic and socialistic?
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Capitalistic economy of India?

No. India is a mixed economy , a combination of capitalistic and socialistic economies


What is included in mixed economy?

Mixed economy included Capitalistic economy and also Socialistic economy. Capitalistic economy for profit earning and socialistic economy for social welfare.


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Countries with mixed economic system?

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).


Is Liberia a capitalist society?

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.


Is America a capitalistic country?

Yes


Which country is the best example of a capitalistic economic system?

Vietnam


Is capitalism the best system?

Yes! Trust a man who lived in socialistic country.


Is Ireland a socialistic country?

Ireland does not currently have what would be regarded as a socialist government.


Socialistic economy vs capitalistic economy?

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.


What does it mean to have a capitalistic country?

that there are private companies owned by people, and not the government.


Is the US a capitalistic nation?

Yes, it is the ultimate capitalist country.