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Related Questions
What is the economic system of the US called?
The economic system of the US is called Capitalism.
The economic system that America has is called?
mixed capitalism
The economic system America has is called what?
Free market capitalism.
Why is capitalism called an efficient economic system?
Cause of its comparison to the other economic systems.
An economic system based on private property and free enterprise is called?
Capitalism
Economic system in which individuals control the factors and means of production is called?
Free Enterprise
The economic system that is based on private ownership and competition motivated by profit is called?
Capitalism
Economic system based on investment and profit?
Capitalism
What is capitalisum?
Capitalism is a political or economic system that a country's industry or trade is being controlled by private owners for property. Capitalism has continued throughout history.
What was the name of Lenin's plan to rebuild the Russian economy?
Lenin's plan was called the New Economic Policy. It reintroduced some aspects of capitalism into the socialist system Lenin had imposed on the country.
How does a mixed economic system fails?
it usually fails because the country cant balance the capitalism and socialism.
What type of economic system do individuals own most of the businesses?
Capitalism
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