The Cayman Islands has a mixed economy, combining elements of both free-market and government intervention. The territory is known for its financial services sector, tourism, and real estate, operating primarily under free-market principles. However, the government regulates certain sectors and provides public services, indicating the presence of a mixed economic structure. Overall, the economy thrives on minimal taxation and a business-friendly environment.
As of July 2014, the market cap for Qunar Cayman Islands Limited (QUNR) is $3,216,522,117.60.
It's called a mixed economy, and that's what most economies in the world are. There are only a few exceptions. North Korea has a completely command economy, and perhaps the Grand Cayman Island has a completely free market economy.
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
a market economy
Market economy
When an economy is partly command and partly market, is called a mixed economy.
mixed market
A market economy
Belgium has a market economy.
It has market economy
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
When an economy is partly command and partly market, is called a mixed economy.