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Does the US have a communist government or capitalist?
YES. The US is a mixed economy, but is primarily a free-market capitalist economy. Most businesses are owned by private individuals and the government does not control investment or business choices.
Does Turkey have a federalist system of government?
No, Turkey is a Parliamentary Democracy, they do not use a Federalist or Capitalist sense of business when conducting decisions or actions for their country.
How does a traditional economy differ from a capitalist economy?
In a capitalist system, the government answers the three basic questions.
Is Venezuela capitalist or socialist?
It’s capitalist: wages system, class ownership, production for profit. And capitalist countries have capitalist governments.
What country belongs to capitalism?
Capitalism is an economic system in which the means of producing wealth are privately owned and controlled. Great Britain is a Capitalist State, it does not get involved in the business of the civilians.
What was the system of government in the Soviet Union?
The Soviet Union was a state capitalist dictatorship. Those who controlled the government formed the ruling capitalist class. Communism will have no government.
Which of these items is not a characteristic of the capitalist system?
government control of production
Does Cuba have a presidential or parliamentary system of government?
No it has a communist government
What does a capitalist economic system encourag?
private business ownership
In a capitalist system the government owns property and decides how to use it true or false?
In a state capitalist system, the government owns the main means of production and decides how they are used. In other forms of capitalism, private capitalists do so. But all types of capitalism involve ownership and control by the capitalist class.
An economic system where people can start their own business?
The Capitalist Economic System bc it is privately owned
What type of government existed in russia after the Russian revolution?
A state capitalist system with a dictatorial government.
