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Neither: it is capitalist with state interference.
paulbenn
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Does Germany have a free market economy?
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
Does Singapore have a command or free market economy?
A market economy
Is France's economy free market or command?
free market
Is Haiti a free market economy or a command 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.
Is Australia a market or command economy?
Australia has a free market economy.
Does Germany have a free market economy?
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
Does Singapore have a command or free market economy?
A market economy
Is France's economy free market or command?
free market
Is Haiti a free market economy or a command 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.
Is Australia a market or command economy?
Australia has a free market economy.
Does Venezuela have a traditional command free market or mixed economy?
it has a free economy
Does Vietnam have a free market economy?
No. Vietnam is a command economy.
Is Libya a command economy?
Yes Libya has a Command Economy
Does Spain use free market economy principel?
No, command economy
Is the former USSR an example of the command economy?
The USSR had a command economy, Russia today has a free market economy.
Does Australia have a traditional command free market or mixed economy?
The free-market system is free from government intrusion and is where the people can freely change prices and products for the public. The command economy doesn’t provide freedom to its people, and the mixed economy has both government and public input. Therefore, we can come to the conclusion that Australia has a mixed economy.
A mixed economy is a combination of which of the economic system?
Free-market and command
