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When socialist and capitalist elements of economics are combined it is called?
Wiki User
∙ 11y ago
mixed economy
Wiki User
∙ 11y ago
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Does Great Britain has some elements of a socialist economy?
There is no such thing as a Socialist economy. Socialism means no wages or prices or money, hence no economics. The UK is capitalist.
What is capitalist hybrid?
Capitalism with some socialist elements mixed in.
What are the key elements of economics?
The four key elements of economics are description, analysis, explanation, and prediction. Mr. Talton Economics Teacher
What are elements combined to produce?
Chemical elements are combined to produce chemical compounds.
What is formed when elemenst of matter are chemically combined?
Compounds are formed when elements of matter are chemically combined.
Elements are combined to make compounds?
Yes, chemical compounds are made up of elements combined together.
How can i combine 2 elements?
There are a few elements that can be combined. Elements like hydrogen bonds and iconic bonds can be combined.
What are combined elements?
It refers to any two or more elements which have been combined naturally.
Is Greenland socialist?
It depends what definition of "socialist" you are using. If you are an American, then you may tend to use the word socialist to describe the prevailing system in many Western European countries, that of a fundamentally capitalist liberal democracy with varying elements of what can properly be termed "social democracy", which may include: a comprehensive welfare state, a single-payer free healthcare system, state pensions, state intervention in the economy (such as public ownership of basic utilities, or an enforced minimum wage). According to this definition, Greenland (being currently governed by the Inuit Ataqatigiit party) is "socialist". However, this definition of "socialist" is not often used outside the USA, and especially not in countries where there is generally less hostility to socialist ideas than in the USA. In many other countries, "socialist" would be used to denote a society which is inherently and fundamentally anti-capitalist, that is to say, the means of production are owned in common by the people, and there is no capitalist class of landowners or businessmen. By this definition, Greenland is definitely not socialist, as it retains many fundamental features of capitalism (private ownership of land, businesses and the means of production, etc).
What are composed elements combined in a specific ratio called?
what consists of elements combined in a specific ratio?
What is formed elements of matter are chemically combined?
Compounds are formed when elements of matter are chemically combined.
What is formed when elements of matter chemically combined?
Compounds are formed when elements of matter are chemically combined.
