0
What is the economic system that is most closely related to a democracy?
Wiki User
∙ 8y ago
The economic systems of democratic socialism are the closest forms of communism. The main differences are that other socialist and non socialist parties could exist and be part of the government. However, any economy calling itself "socialist" infers that the major means of production is controlled by the government.
Wiki User
∙ 11y ago
paulbenn
Socialism has no money or prices, hence no economy. No economy can be closely related to Socialism.
Kennedy D'Amore
Helmer Homenick
paulbenn
Zakary Gulgowski
Wiki User
∙ 11y agoThere are two types of economies related to the socialist movement.
The first is the planned economy.
The second is market socialism.
Wiki User
∙ 12y agocommand
Alexa Trevino
Wiki User
∙ 9y agofederal
Add your answer:
Earn +20 pts
What is the economic system of communist countries is most closely related to what?
socialism
What is Argentinas economic system?
democracy
Economic system of east Asia?
The Primary economic system of east Asia is Democracy because they have this in most of the countries that dwell there. But in China they have a dictatorship economic system. REPLY: Democracy isn't an economic system its a type of government and when you said China has a dictatorship economic system, i think you mean they have a command economy.
Which of these is most closely associated with the Federal Reserve System?
The Federal Reserve System is most closely related to banking.
Which economic system in government has the least amount of government involvement?
direct democracy
What is the economic system of communist countries is most closely related to what?
socialism
What is Argentinas economic system?
democracy
Economic system of east Asia?
The Primary economic system of east Asia is Democracy because they have this in most of the countries that dwell there. But in China they have a dictatorship economic system. REPLY: Democracy isn't an economic system its a type of government and when you said China has a dictatorship economic system, i think you mean they have a command economy.
Which of these is most closely associated with the Federal Reserve System?
The Federal Reserve System is most closely related to banking.
Why is democracy important to buying product in the US?
Democracy has nothing to do with capitalism, which is the economic system in the US. It would be capitalism that would be important to buying products. While democracy does not hinder economic growth, it does not help it either.
Which economic system in government has the least amount of government involvement?
direct democracy
Is capitalism necessay for a successful democracy?
no, democracy would be more inclusive and representative under a socialist system More to the point, democracy is a political theory/system, while capitalism is an economic system/theory. They are not directly connected in any way to each other.
Which operating system closely related to C language?
its UNIX I think :)
What system of government calls for a free market economic system and a government elected by the people?
democracy. carson cooper. u know say u saw this hahah
How are the functions of the skeletal system and the muscular system related?
The skeletal and muscular systems are closely related. The muscular system is connected to the skeletal system through ligaments. The muscles are what makes the bones move.
What creation of the Federal Reserve System is most closely related to which of these themes?
Economics For A+Ls
What economic reality for workers was most closely associated with the development of the factory system?
Reduced need for skilled workers.
