0
The United States of America has a relatively free-market capitalist economy. As with all capitalist systems, the government plays a significant role in providing public goods, infrastructure, a social safety net, and large expenditures for pure research and development. The vast majority of commercial enterprises are privately-owned and operated for profit in a market economy.
Wiki User
∙ 8y ago
Add your answer:
Earn +20 pts
Is Ghana a capitalist or socialist economy?
Ghana is a capitalist economy.
Is Britain a capitalist or socialist economy?
true
Is free enterprise found in a capitalist economy or socialist economy?
It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist
Compare capitalist economy with socialist economy?
Socialism means a classless stateless society with no money or prices or buying and selling. hence there can be no such thing as a Socialist economy.
Is france's economy more capitalist or socialist?
Capitalist: class ownership, wages system, production for sale.
Is Ghana a capitalist or socialist economy?
Ghana is a capitalist economy.
Is Britain a capitalist or socialist economy?
true
Is free enterprise found in a capitalist economy or socialist economy?
It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist
Is France's economy capitalist?
no it is very socialist
Compare capitalist economy with socialist economy?
Socialism means a classless stateless society with no money or prices or buying and selling. hence there can be no such thing as a Socialist economy.
Is france's economy more capitalist or socialist?
Capitalist: class ownership, wages system, production for sale.
Is Austria capitalist?
Austria is predominantly capitalist, but has numerous socialist aspects to its economy.
Is the US a capitalist or socialist country?
Capitalist: production for sale, wages system, minority ownership of the means of production, class division. Socialism has none of these, and there cannot be a mix of capitalism and Socialism.
Which economy is closer to US economy?
The US economy is closest to a capitalist economy system, although the US has been known to implement a few socialist policies (like more government intervention)
Is Germany's economy capitalist?
It is a Social Market. Kinda Kind of a socialist feel and kind of a capitalist feel.
When socialist and capitalist elements of economics are combined it is called?
mixed economy
Does France have a democratic socialist economy?
France is capitalist: class system, wage labour, production for sale at a profit.
