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A market economy is necessary for a capitialist system.

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14y ago

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Free market is a big part of capitalism.


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Is private property an essential part of capitalism?

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What is the economic system used in US?

For the most part, the United States has a market economy in which individual producers and consumers determine the kinds of goods and services produced and the prices of those products. However, we can say it is Capitalism which is the economic system of the United States.For the source and more detailed information concerning this subject, click on the related links section (MSN) indicated below this answer box.For the most part, the United States has a market economy in which individual producers and consumers determine the kinds of goods and services produced and the prices of those products. However, we can say it is Capitalism which is the economic system of the United States.For the source and more detailed information concerning this subject, click on the related links section (MSN) indicated below this answer box.For the most part, the United States has a market economy in which individual producers and consumers determine the kinds of goods and services produced and the prices of those products. However, we can say it is Capitalism which is the economic system of the United States.For the source and more detailed information concerning this subject, click on the related links section (MSN) indicated below this answer box.For the most part, the United States has a market economy in which individual producers and consumers determine the kinds of goods and services produced and the prices of those products. However, we can say it is Capitalism which is the economic system of the United States.For the source and more detailed information concerning this subject, click on the related links section (MSN) indicated below this answer box.For the most part, the United States has a market economy in which individual producers and consumers determine the kinds of goods and services produced and the prices of those products. However, we can say it is Capitalism which is the economic system of the United States.For the source and more detailed information concerning this subject, click on the related links section (MSN) indicated below this answer box.For the most part, the United States has a market economy in which individual producers and consumers determine the kinds of goods and services produced and the prices of those products. However, we can say it is Capitalism which is the economic system of the United States.For the source and more detailed information concerning this subject, click on the related links section (MSN) indicated below this answer box.


What is the economic system in the Bahamas?

The economic system in the Bahamas is a market economy. Tourism is a major part of the Bahamas economy.


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Crops that were an important part of the economy in the Southern Colonies were tabacco, rice, and indigo.


How does a government take part in market Economy?

by passing regulations to protect the people :)


How does government take part in market economy?

by passing regulations to protect the people :)


What is the most important part of the Swiss economy?

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What has been an important part of the Hausa economy?

Trade