1991-1999
The United States is not an example of a socialist country. The economy of the USA can be said to be a mixed economy that favors private enterprise. It is a mixed economy because the Federal government and the Federal Reserve System it created does play a significant role in the economy. But not significant enough to stray too far from a private enterprise nation.
In the 1920's business was thriving and people in general were optimistic about the free enterprise system. Communism is the opposite of free enterprise. At its best, the state runs everything and does it fairly and efficiently. In practice, the state manages poorly and only the people in charge live well. Communism in the US was tolerated in 20's but not popular.
Communism is the opposite of the American style free market economy The Communist countries were aggressively promoting there political system and the US correctly interpreted this as a threat to the US and it political influence.
Soviet communism is where everyone is equal. All the money you make goes to the betterment of the communist state. Inchina people can make there own businesses and keep the money that they make. BUT the similarity is that there country's are both run by a huge council of men. SO if the USA was communist each state would have a mini dictator that all report to the major... president.
The country that uses the traditional economy system is Cuba
Russia's economy has moved from communism to a free enterprise system since what year?
The economic system of the United States is a capitalistic market economy, based primarily on free enterprise.
Free enterprise system is what America has with freedom in all. China has communism where the government controls everything.
Communism is the political system that called for government control of the economy.
An enterprise system helps to improve the economy of an organization.
A communist economic system is related to a whole country, while an enterprise system is restricted to that enterprise and it isn't a communist system because all employees can drive their own lives.
free enterprise system
free enterprise system
Free Enterprise System
Communism is the political system that called for government control of the economy.
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The shift from an agricultural economy to consumer markets contributed to the rise of the free enterprise system in Europe.