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What else can I help you with?
What type of economy is the American economy?
Mixed Economy which means free market system but government still has limited role
What is a mixed economy?
A mixed economy is a system, where private and public enterprise are combined.
Is mixed economy under private control?
In a mixed economy some of the businesses are under private control and some of the businesses are run by the government. There is still a free economy if there is a mixed economy.
Why does socialism work for China?
In today's China, the old form of socialism, meaning total ownership of the means of production, has slowly been eroded. The Chinese Communist Party still controls the politics and economy of China, however, parts of China's economy have been changed to a more mixed economy. I emphasize "parts". One example of a non socialist China is the stock exchange in Shanghai.
What is the mixed econmomy in Russia?
This was suggested and started by Stalin. And it is still continuing. And today's countries like Austraila, New zealand and candada have mixed economy. Mixed economy is when market economy + planned economy.
Does Cuba have a mixed economy?
Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
What is the difference between Taiwan and china's economy?
taiwan's economy is already developed, china is still proving~
How is communism still relevant today in china and Egypt?
China is rapidly turning into a mixed economy. a mixture of socialism and private enterprise Egypt was never a communist state. and is now in a political state of flux.
Why do many people in china not have cars?
China is still in a state of transition from a mostly poor, agrarian economy to a modern industrial economy.
A mixed political economy is one in which?
the government, while not commanding the economy, is still deeply involved in economic decisions
How long would it take for China's economy to catch up to Japan's economy?
40 years. But at that time, Japan has probably moved up, so China will still be behind.
The economy of the US is best described as?
The United States economy is still best described as a mixed economy. It is considered thus because it involves the public, private, and international sector.
