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It depends on what you mean. 'Democratic' describes the political framework of a country, where market structures are a function of an economic approach.
I'd think, though, that all developed countries, regardless of political ideology, use, for example, subsidies as a tool for moderating fluctuations in components within an economy, or to encourage development of new economies, such as agricultural ethanol, or alternative energy.
Economies are incredibly complex, and so in a developed country, a truly free market these days would quickly disintegrate, much as would a truly democratic society.
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∙ 13y ago
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Why natural monopolies exist?
They don't exist...monopolies are caused by government intervention in the market. Excessive regulations, permits, fees etc. create barriers to entry for competitive entrepreneurs, and there is often times legislation passed in favor of large corporations. A truly competitive free market does not have monopolies.
Which European countries are socialist?
Spain, Greece, Slovenia, Austria & Cyprus are the most Left Led Countries but are not truly socialist.
Does a genuine free market requires restrictions on the ability of predator multinationals to create monopolies?
A genuine free market will not need this option. However, it is difficult to have a truly free market and many times government intervention is needed.
What economic system believes in a free market?
Nobody really believes in a truly free market. Under all forms of capitalism, the state plays a major role.
Is capitalism democratic?
IT CAN BE, BUT IS NOT NECESSARILY SO. Capitalism is exclusively an economic system where private companies drive a country's trade and industry. So, in terms of economics, capitalism leaves the wealthy industrialists and entrepreneurs in control of the economy. However, as concerns governments, capitalism provides no clear answer as to who is in power. Capitalism can occur under nearly any form of government, be it democracy, monarchy, autocracy, military junta, or a theocracy.
Does America have a truly democratic government?
No. We are considered a democratic republic.
What Middle Eastern country has a democratically elected government?
Israel, Turkey, and Cyprus. We shall see if Iraq and Lebanon will truly become democratic countries in the future.
Why natural monopolies exist?
They don't exist...monopolies are caused by government intervention in the market. Excessive regulations, permits, fees etc. create barriers to entry for competitive entrepreneurs, and there is often times legislation passed in favor of large corporations. A truly competitive free market does not have monopolies.
How are different types of people treated in a democratic society?
in a truly democratic society, everyone is treated equally.
Do vampires truly exist?
Nope.
Are elections truly democratic in India?
teri maaa ki
Does Hawaii five-O truly exist?
No.
Does anyone ever attempt to ask a ghost what religion truly exist?
there is no known report that anyone has attempted to ask the dead what religion truly exist .
Is our system truly democratic based on your assessment of the level of voter participation?
no
What is a shape that 6 faces and 9 vertices?
it does not exist and please do not delete my answer. it truly does not exist
What question can never truly be answered yes?
Does God truly exist? Are you asleep? are you stupid?
Which European country was truly democratic in World War 2?
Germany and Italy
