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What else can I help you with?
Why Australia belong to capitalist country?
Australia is a sovereign nation and does not 'belong' to anyone. The economic system in Australia is their own affair. Australia chooses to use the capitalistic economy model, as is their right. Being settled by the British, it was modelled on the British system.
Does Australia have a traditional command free market or mixed economy?
The free-market system is free from government intrusion and is where the people can freely change prices and products for the public. The command economy doesn’t provide freedom to its people, and the mixed economy has both government and public input. Therefore, we can come to the conclusion that Australia has a mixed economy.
Is Australia a market or command economy?
Australia has a free market economy.
Is Western Australia driving Australia's economy?
The mining boom in Western Australia is certainly having a great deal of influence on Australia's economy.
What economic system is used in India?
market economy
What is the political system used in market economy?
capitalism
What type of economic system does Australia have?
Mixed Market economy where the GDP is high and the rate of poverty is lowFree market economy, predominantly based on trade, manufacturing, services and finances.It has a mixed economy which is very close to a capitalistic economy - very much like the US.A couple of the noticeable differences, however, are that the health system is basically tax-funded in Australia and the schooling system is also more tax-funded than in US.Mixed Economy
What is economic system used by South Africa?
mixed economic system
What money system is used in Brisbane Australia?
Brisbane uses the same system as the rest of Australia, based on the Australian dollar.
Do china still used mixed economy system?
yes
What two industries does Australia's economy depend on the most?
Australia's economy depends on the mining industry and agriculture.
What is a two way economy?
Australia is a two speed economy
