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Chile has a mixed economy, which combines elements of both market and command economies. While the country has embraced free-market principles since the 1970s, promoting privatization and competition, the government still plays a significant role in regulating certain sectors and providing social services. This blend allows for economic growth while addressing social needs, making Chile an example of a mixed economic model.
What else can I help you with?
Is Russia primarily a traditional or command or market or mixed economy?
command economy
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
Does Venezuela have a traditional command free market or mixed economy?
it has a free economy
Does Peru use free market economy command economy or mixed economy?
It would be Traditional economy because command economy would sort of be like Cuba and mixed economy would be like us (The United States).
What are the 4 economic systems?
The four types of economic systems are the traditional economy, the market economy, the command economy, and the mixed economy. Of these, the traditional economy is the most basic.
Is Israel a traditional market command or mixed economy?
Mixed economy because it is only command on the farming.
Is Russia primarily a traditional or command or market or mixed economy?
command economy
Is iraq's economy market mixed traditional or command?
iraq's economy is mixed
Does Niger have a mixed market command or a traditional economy?
traditional
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
Is Kuwait a traditional market command or mixed economy?
I believe its a Mixed
Does Venezuela have a traditional command free market or mixed economy?
it has a free economy
Does Peru use free market economy command economy or mixed economy?
It would be Traditional economy because command economy would sort of be like Cuba and mixed economy would be like us (The United States).
What are the 4 economic systems?
The four types of economic systems are the traditional economy, the market economy, the command economy, and the mixed economy. Of these, the traditional economy is the most basic.
What does mixed economic system mean?
A mixed economy is when you have some aspects of every single economy traditional, command, and market economies put together in one economy.
What are the three kinds of economic systems?
Market economy,traditional economy,command economy and mixed economy
What country has a mixed command economy?
Mongolia has a mixed government
