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What is the political system that tends to eliminate the free market economy?
Wiki User
∙ 12y ago
Strong socialism/Communism
Wiki User
∙ 12y ago
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What is the political system that tend to eliminate the free market economy?
Strong socialism/Communism
What is the political system used in market economy?
capitalism
What is a political system that tends to eliminate the free market economy?
Communism tends to eliminate free market economy in that under communism there is no incentive from either end to produce more or compete with others, as all citizens receive the same profits as one another independent of how much they produce or how hard they work.
Do you have a free market system in the US?
The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.
What is the type of economy of Bulgaria?
Till 1989 (like other communist party ruled socialist countries of Europe) Bulgaria followed Marxist-Leninist model of State owned and regulated economy and there was no free and market economy.
What type of economy system does China have?
A market economy.
The market economy is the only system compatible with political freedom you therefore should greatly restrain the economic scope of government?
Yes.
How is capitalism an important part of a market economy?
A market economy is necessary for a capitialist system.
What economic system does Romania have?
Now is a free market system.
What type of economy system does England have?
England has a market economy
Does south Sudan have a market economy?
South Sudan has a mixed/market system of economy. Your welcome:)
What political system calls for government of the economy?
Communism is the political system that called for government control of the economy.
