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Who is the Minister of Economy for Slovakia?
Tomas Malatinsky is the Minister of Economy for Slovakia.
What kind of government does Slovakia have?
A parliamentary democracy.
What kind of money does Slovakia Use?
euro
Is Slovakia Still communist?
No, Slovakia is not a communist country. It transitioned from a communist regime to a democratic government after the Velvet Revolution in 1989, which led to the dissolution of Czechoslovakia and the establishment of Slovakia as an independent nation in 1993. Today, Slovakia operates as a parliamentary republic with a market economy and is a member of the European Union and NATO.
What kind of economy does Belgium have?
The kind of economy that Belgium has is a mixed economy. This is a capitalist economy which has involvement of the government.
What is the economic system of Slovakia?
Slovakia has a mixed economy that combines elements of both a market and planned economy. It is characterized by a high level of industrialization, with significant contributions from the automotive, electronics, and machinery sectors. Slovakia is a member of the European Union and uses the euro as its currency, which facilitates trade and investment. The country has experienced steady economic growth, supported by foreign direct investment and a skilled workforce.
Why has Slovakia had difficulty changing to a free market economy?
After the fall of the communism , Slovak leaders set out to privatize businesses
What kind of economy does Thailand have?
The kind of economy that Thailand has is a mixed economy. This means that the private sector and the government are key stakeholders of the economy.
Is Slovakia a developed country?
it used to be ,but Czechoslovakia split into two countries 1993 January 1. the Czech republic is one part of Czechoslovakia and Slovakia is the other one it used to be ,but Czechoslovakia split into two countries 1993 January 1. the Czech republic is one part of Czechoslovakia and Slovakia is the other one
What kind of economy does Portugal have?
a good economy
What kind of economy does Syria have?
command economy
What kind of economy does Somalia have?
mix economy
