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A market economy.
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∙ 13y ago
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What type of political system is china?
Communist, but there economy is capitalist.
What type of economic system was used to reshape china's economy after the civil war?
Communism
What type of economy is China?
market economy
Chinas economy is known as a what economy?
China's economy is known as a command system, or a socialist economy. This means that the wealth of everyone in China's work force is evenly distributed amongst everyone in the country. This poses a problem for people's incentive to work which is the main flaw in this type of economy
What type of econamy does China have?
market economy
What type of economy did China have?
China was state capitalist, and is now a mixture of state and private capitalism.
What is the economy type in china?
capitalistic economy
Why does China have a mixed econamy?
China is no exception. China's traditional planned economy system is limited to state-owned enterprises, which are undergoing reform. ... The coexistence of the planned system and the market system, as well as governmental intervention and regulated policies, constitute China's mixed economy.
What type of economy is China transitioning out of?
The bad one
Do china still used mixed economy system?
yes
What type of economy system does England have?
England has a market economy
What type of economy system does Greece have?
Greece has a Capilatist Economy.
