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It is an "emerging market economy" with capitalistic tendencies.

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Q: What kind of ecomomic system does Mexico have?
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What kind of school system does Mexico have?

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A socioeconomic system is the structure within which an economy functions and individuals interact with one another. It includes the distribution of resources, wealth, and goods, as well as the rules and institutions that govern economic activity and social relationships within a society. Examples include capitalism, socialism, and mixed economies.


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