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Capitalism.

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12y ago

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Most countries today operate under what economic system?

mixed economy


What economic system do most countries operate under today?

Capitalism, with all the expected problems:poverty, mi equality, environmental damage


Which economic systems do Most countries today operate under?

Capitalism: wages system, production for sale, class ownership of the means of life.


How do most countries strike a balance between having a pure economy and a command economy?

Most Countries Have A Mixed Economy!!!:0 Oh Yeah We Ballin


What kind of economy do most North Africa countries have?

they have a developing economy.


What types of economy do most countries have?

Most nations have a Mixed Economy. Some, though, have a democratic.


What type of economy do most countries in southwest Asia have and explain it?

Mixed Economy


What countries economy depends of farming and ranching?

most south American countries


Is most of the countries in Africa have a command economy?

Yes


Why do most economies in the world today operate somewhere between a market economy and a command economy?

Most economies in the world today operate between a market economy and a command economy because,clinging to command economy in the present world economic scenario will make you live like a frog in the well. The inherent benefits of a market economy are you allow the domestic industries to stand on their own foot, licence raj is abolished. The benefits of price reduction as per world market rates can be offered for the welfare of the country men. Those who are not willing to totally switch over to market economy, operate somewhere between the two.


What type of economy does nigeria operate and why?

characteristics of mixed economy


What was Europe's most common economy?

Most European countries would have market economies.