democratic is the best ever
yes a good democratic system of govt can sustain economic progress yes a good democratic system of govt can sustain economic progress
india has adopted mixed economy as its economic system to bring about a socialistic pattern of society
Romania has now a liberal system.
Barbados is a democratic capitalist economy.
Clearity how socialistic and capitilistic system influence are eco system with the help of exp?
Most democratic nations run under the capitalist system. However, many capitalist countries are not democratic.
Communist systems are typically ones in which the government has almost total control over the economy. Socialistic systems exert some governmental control. Pretty much every economy in the world is somewhat socialistic, however.
MIXED!!
Socialistic
This question is very general in describing the governmental system used within New Zealand. Candidly, you could say that New Zealand is a Democratic Dictatorship with Socialist ideals maligned with a Communist streak, overall represented by a Constitutional Monarchy. In reality it is a mixture of Socialistic and Democratic governmental system that is based upon the Constitutional Monarchy of the UK. The economic system as a 'free market economy' is certainly capitalistic, but is regulated by the ideals of the governing body.
The Democratic Party in the United States is currently associated with liberal beliefs. This belief system emphasizes public programs for the less affluent, social justice, equal rights for minorities, and government oversight of private business.
Not necessarily, you can have a capitalist economic system under an authoritarian regime as well as under a democratic regime. Some forms of economy, like central planning, occur much more easily under an authoritarian system than a more democratic one, but it is not wholly impossible for a democratic regime to embrace central planning.