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What system of government calls for a free market economic systems and a government elected by the people?
Wiki User
∙ 7y ago
democracy. carson cooper. u know say u saw this hahah
Kendrick Rau
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What systems of government calls for a free market economic system and a government elected by the people?
democracy. carson cooper. u know say u saw this hahah
Why do the economic systems of other countries have in common with the economic system of the US?
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
In which type of economic system is government not involed?
A free-market system, although there are no true free market systems. Government always meddles to some extent.
What are the two economic systems?
Traditional economic system. The traditional economic system is based on goods, services, and work, all of which follow certain established trends. Command economic system. In a command system, there is a dominant centralized authority – usually the government – that controls a significant portion of the economic structure. Market economic system. Market economic systems are based on the concept of free markets. In other words, there is very little government interference. Mixed system. Mixed systems combine the characteristics of the market and command economic systems. For this reason, mixed systems are also known as dual systems.
What do the economic systems of others countries have in common with the economic system of the United states?
Most countries have similar economic systems, which are a mixture of a free market and government regulation.
What system of government call for a free market economic system and a government elected by the people?
democracy. carson cooper. u know say u saw this hahah
What system of government calls for a free market economic system and a government elected by people?
democracy. carson cooper. u know say u saw this hahah
What system of government calls for a free market economic system a government elected by the people?
democracy. carson cooper. u know say u saw this hahah
What kind of economic system does Poland have?
Capitalist: class ownership, wages system, production for sale.
What type of economic systems?
command and market
What is a way of defining economic systems?
One way to define economic systems is to classify them according to whether they are market systems or command systems.
What are the four basic economic systems around the world?
There are four types of economic systems: traditional economies, market economies, command economies, and mixed economies. these economic systems differ in how to answer the three basic questions: how to produce, what to produce and for whom to produce. In traditional economies, the three economic questions are decided mainly by social customs. In market economies, the economy is like capitalism in U.S and the economic questions are decided by individuals in the marketplace. In command economies, is like communism and the questions are decided by the government. In mixed economies, they are decided by a combination of market decisions making and government order. Many different combinations of these four kinds of economic systems are operating around the world today, with different degrees of success. Free-market and command (apex)
