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What else can I help you with?
How are us and Brazil's economies alike?
Market Oriented , Capitalism and free
What is the political system that tends to eliminate the free market economy?
Strong socialism/Communism
What is the political system that tend to eliminate the free market economy?
Strong socialism/Communism
Is colombia a communism country?
No, They are a strong US ally and follow a strict free market policy
What are capitalism and communism and socialism?
Capitalism is a free-market system with little or no government regulation. Communism is a system where the market and means of production are owned by the government. Socialism allows some regulation of the economy and is also the transition from capitalism to all out communism.
What country combines communism with free market?
Communism is a classless stateless society based on production for use. China is a mix of state and private capitalism.
Why has Slovakia had difficulty changing to a free market economy?
After the fall of the communism , Slovak leaders set out to privatize businesses
Why did Americans think communism was bad?
The main reason that America viewed communism as a threat is because it eliminates the free market. Additionally, communist governments are usually violent and oppressive.
What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
What is a political system that tends to eliminate the free market economy?
Communism tends to eliminate free market economy in that under communism there is no incentive from either end to produce more or compete with others, as all citizens receive the same profits as one another independent of how much they produce or how hard they work.
What is the difference between communism and libertarianism?
libertarianism gives people freedom, communism oppresses it. libertarianism creates opportunity, communism takes it away, and communism seeks to destroy the ultimately more fair and efficient free market whereas libertarianism wishes to employ it to progress humanity.
What are the different between the free market and planned market?
a free market -capitalismeveryone participates for his own interestseach individual and business seeks to maximize it profitcompetitionplanned market/ controlled market- communism marketgovernment owns most prpoerty resoruces and economic decisions are made through a planning board appointed by the government.
