South Korea is a capitalist democracy that has limited state involvement in the economic structure. Many attribute this structure of government to the large growth in the South Korean economy.
Democracy
technologically oriented businesses
Economics is part of the public and private part. The current Iranian economic system is very similar to that of other Middle Eastern countries. It is primarily capitalist, but with state intervention as concerns schooling, health, and other typically public departments.
Europe is one of the most technologically advanced/industrialized areas in the world, and was the first in fact. It has some of the highest economies on Earth and is a major player in the world economy, so you can see how it would effect other countries' economies.
Yes. Israel has a technologically advanced market economy, including rapidly developing high-tech and service sectors, and both consumers and producers free to make many decisions.
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
I see the Philippines as a more developed and technologically advanced country, with a stronger economy and improved infrastructure. I also envision a greater focus on sustainability and environmental conservation in the years to come.
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
Israel has a technologically advanced market economy with substantial, though diminishing, government participation.It depends on imports of crude oil, grains, raw materials, and military equipment. Despite limited natural resources, Israel has intensively developed its agricultural and industrial sectors over the past 20 years. Israel imports substantial quantities of grain but is largely self-sufficient in other agricultural products
The United States, United Kingdom, and Canada are among the countries that have a mixed economy. A mixed economy is practiced in Japan and Australia.
it means "let do" this phrase is used in the british economy. it means: the state should not intervene in the economy of the individuals. The economy was free. This policy was practiced in britain till 1945 with the changing of government from The Conservative to The Labour Party.
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.