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A capitalist system involves people working for themselves in order to make a profit. A capitalist government usually believes in rare government intervention, low taxes on businesses, promoting privatisation and encouraging foreign investment.
Eleazar Sanford
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What element controls and maintains a capitalistic economic system?
TAXATION,answerd by Robert hardy
Who attemted to establish a capitalistic free market in russia?
A capitalistic free market is often not enough with out democratic values and system otherwise the government can still regulate markets heavily. Russia has still been developing and adjusting to these national changes and has hit a few bumps alone the way like most nations. It will take a long time to see a true stable capitalist and democratic Russia.
Why did the US government campaign to subdue Native Americans?
Because America is a Capitalistic fueled nation filled with bigots.
What government was there before the USSR?
There was a Bolshevik government. All the countries under this government were capitalistic. All were ruled by the czars (emperors), boyars (the nobility), and landowners.
What is Vietnam classified as today?
Vietnam is referred to as the Socialist Republic of Vietnam. Vietnam is still considered a Socialist country, but since the war, they've adopted many Capitalistic practices.
What is a pure capitalistic system?
A capitalistic system is an economic system known as a free enterprise system.
What is pure capitalistic system?
A capitalistic system is an economic system known as a free enterprise system.
What system is also called a monopoly system?
Capitalistic system.
What economic system is Italy?
capitalistic economy
How would you describe a capitalistic system?
A capitalistic system is an economic system based on private ownership of the means of production and the pursuit of profit. In a capitalistic system, individuals and businesses are free to compete in the marketplace, determining prices and allocating resources. This system operates on the principles of supply and demand, with minimal government intervention in the economy.
What economic system does Greenland have?
Capitalistic mixed economy
Which country is the best example of a capitalistic economic system?
Vietnam
Which element controls and maintains a capitalistic economic system?
competition
The first nation built on a capitalistic system was .?
Netherlands
What kind of ecomomic system does Mexico have?
It is an "emerging market economy" with capitalistic tendencies.
Countries with mixed economic system?
Almost every country in the world is a mixed economic system, there are no real pure capitalistic or pure command economies any more. Nations either have a capitalistic economy (which is mixed but more capitalistic than socialistic) or mixed command economies (which has a private sector but this is dwarfed by the public sector).
Does Mexico have a free enterprise socialist or communist?
It has a free enterprise or "capitalistic" economic system.
