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Israel and Turkey have capitalist economic systems with a moderate degree of state investment. Saudi Arabia is petro-state.
command and market
China and North Korea come the closest to having purely command economic systems.
One way to define economic systems is to classify them according to whether they are market systems or command systems.
economic systems
China and North Korea come the closest to having purely command economic systems.
China and North Korea come the closest to having purely command economic systems.
The four types of economic systems are mixed, traditional, market and command. The economic systems evolves as different societies places different emphasis on different goals.
Traditional, Command, Market, Mixed.
Traditional Market Mixed (all 3 combined, but mainly command and market) Command
There are four major types of economic systems. This includes the mixed economy, traditional economy, command economy, and market economy.