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true

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15y ago
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Capitalist

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Q: Is Britain a capitalist or socialist economy?
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Related questions

Is Ghana a capitalist or socialist economy?

Ghana is a capitalist economy.


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.


Is free enterprise found in a capitalist economy or socialist economy?

It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist


Compare capitalist economy with socialist economy?

Socialism means a classless stateless society with no money or prices or buying and selling. hence there can be no such thing as a Socialist economy.


Is France's economy capitalist?

no it is very socialist


Is france's economy more capitalist or socialist?

Capitalist: class ownership, wages system, production for sale.


Is Austria capitalist?

Austria is predominantly capitalist, but has numerous socialist aspects to its economy.


Is Germany's economy capitalist?

It is a Social Market. Kinda Kind of a socialist feel and kind of a capitalist feel.


When socialist and capitalist elements of economics are combined it is called?

mixed economy


Does France have a democratic socialist economy?

France is capitalist: class system, wage labour, production for sale at a profit.


What kind of economic system does France have?

mixed economy between socialist and capitalist


What is the nature of an economist?

Mixed. in India,The nature of economy is Mixed means it is the combination of capitalist and socialist economy.