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Is france's economy more capitalist or socialist?

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


Is Venezuela capitalist or socialist?

It’s capitalist: wages system, class ownership, production for profit. And capitalist countries have capitalist governments.


Is Philippines a socialist country?

Yes! they are capitalist country though, but socialist in hiding!


What kind of economic system does France have?

mixed economy between socialist and capitalist


Is the U.S. is capitalist or a socialist country?

The US is capitalist: owner ship of the means of production by a small minority, wages system, production for profit. Socialism has no classes and no government.


Is the US a capitalist or socialist country?

Capitalist: production for sale, wages system, minority ownership of the means of production, class division. Socialism has none of these, and there cannot be a mix of capitalism and Socialism.


Why is the Democratic Party in the US socialist?

No, it is capitalist, supporting the wages system, class ownership and production for profit.


Is Haiti a socialist country?

No. It is a Unitary and Semi-Presidential republic.


Does France have a democratic socialist economy?

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


Is Tanzania a socialist or capitalist or mixed Economist system?

dont know dont care LOL


What was the modified capitalist system Lenin used to avoid economic disaster?

Lenin called it the "New Economic Policy." It was more of a modification of the socialist system, which Lenin had imposed on the country than a modification of the former capitalist system.


Why is government protection of consumers important in a capitalist economic system?

because it strengthens the economy