A free-market system, although there are no true free market systems. Government always meddles to some extent.
Decisions about the kind of economic system a country has are normally made by that country's government.
capitalism, but the government keeps an eye on it
a horrible type
comand
There are several such systems, but the most popular is the laissez-faire system.
Socialism
Socialism has no wages or only or prices, hence no economic system. It also has no classes or rulers or government.
Decisions about the kind of economic system a country has are normally made by that country's government.
There are several such systems, but the most popular is the laissez-faire system.
capitalism, but the government keeps an eye on it
a horrible type
There are several such systems, but the most popular is the laissez-faire system.
comand
There are several such systems, but the most popular is the laissez-faire system.
In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.
Angola has a communist government and an oil and diamond economy.
anarchy