0
Wiki User
∙ 13y agoNo. It has a fairly mixed economic system with capitalistic tendencies.
Add your answer:
Earn +20 pts
Why does Mexico have a traditional economy?
Mexico has a mix of traditional (i.e: made by hand or with little help from automated work) and modern economy. This is the reason it is considered an emerging market.
What was Mexico's traditional economy based on until the 1940s?
Agriculture.
Is Mexico's economy capitalist?
Yes. Most companies are privately owned with some exceptions at key industries, namely oil and electricity.
What countries are capitalist?
There are no countries in the world that are strictly capitalist, but some countries that have a strong capitalist economy include: the United States, the United Kingdom, Canada, India, and Mexico.
What statement about the economics systems of Mexico and cuba is true?
Mexico is a capitalist country, while Cuba is communist.
Why does Mexico have a traditional economy?
Mexico has a mix of traditional (i.e: made by hand or with little help from automated work) and modern economy. This is the reason it is considered an emerging market.
What have a traditional economy?
United States of America y Mexico
What was Mexico's traditional economy based on until the 1940s?
Agriculture.
Which country has the GREATEST degree of a command economy out of Brazil Canada Cuba Mexico?
Cuba qualifies as such. It is a republic with a communist regime that has a command economy (i.e. centrally planned).
Which of the the following latin american countries has a command economy a brazil b cuba c barbados d mexico?
Cuba is the Latin American country with a command economy
Is Mexico's economy capitalist?
Yes. Most companies are privately owned with some exceptions at key industries, namely oil and electricity.
What countries are capitalist?
There are no countries in the world that are strictly capitalist, but some countries that have a strong capitalist economy include: the United States, the United Kingdom, Canada, India, and Mexico.
What is Mexico's ideology?
Right now, Mexico is a capitalist country with center-right ideology.
How does Mexico's economy differ from the US?
Both are capitalist economies. The main difference is the scale and development of both economies. For example, most agricultural production in the US is mechanized and market-driven, while many communities in Mexico still grow crops for subsistence. Also, the US economy is more mature with industries and large businesses first appearing around the second half of the 19th century while Mexico's economy has flourished as late as 1940-1970.
What statement about the economics systems of Mexico and cuba is true?
Mexico is a capitalist country, while Cuba is communist.
What is New Mexico's economy based on?
Mexico's economy is largely based on Industry.
Who is the Secretary of Economy for Mexico?
Ildefonso Guajardo Villareal is the Secretary of Economy for Mexico.
