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Guyana, Belize and Suriname
The market economy has limited government intervention and relies on the profit motive and consumer sovereignty. It has proved more successful in raising living standards, economic growth and economic efficiency. Consumers benefit from more choice and lower prices. Planned economies were state-run with economic plans and large scale government intervention. The result was low living standards although employment was usually available and a basic quality of life resulted. The move to market economies brought beneficiaries and casualties. Russia illustrates the increase in millionaires while unemployment and poverty grew. Some East European economies are making fast progress while some former USSR republics are struggling.
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The Russian, and almost all eastern european countries, and a lot of the former soviet republics
The US economy is based on a 'free enterprise' or 'free market' system although the US Government has a lot of economic rules and regulations that it enforces. But basically the US has a so-called 'market economy'. The Communist USSR had a 'planned economy' which meant that all economic activities, often down to specific output levels for products, were centrally planned ahead by the USSR Government, usually for five-year periods.
The SOVIET UNION split into fifteen republics in 1991 when the Communist government in Moscow was unable to hold onto power.
They were independent republics.
Union of Soviet Socialist Republics (U.S.S.R.)
Most of them are republics. Some are federal republics, some are centralized republics; there is one communist regime in Latin America (Cuba).
There are command economies, which you would find in a dictatorship or true monarchy, free economies, which you would find in Democracies or Republics, there is the mixed economy, Which is what we have, and finally there is the traditional economy which describes tribal and agricultural economies.
USSR - The Union of Soviet Socialist Republics.
Former communist hardliners have challenged the democratically elected people in former Soviet republics by stating that democracy has not worked. For the most part, their statements are having little effect.
They were independent republics.
Communist party
Free Market
They were independent republics
Slovenia used to be one of the six republics of Yugoslavia from 1943 to 1991. Since 1991 it is an independent country.