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Colombia has a 'mixed' economy in terms of a certain level of Government regulation in what can be largely considered a free market economy. This is what most Western economies have. A command economy is what the old Communist States had: economic activity was almost totally dictated by Government demands and regulations. A capitalist economy has almost total freedom of economic activity with an absolute minimum of Government involvement. Not even the US has that, much to the regret of the Tea Party.
What else can I help you with?
Does Mexico have a capitalist traditional or command economy?
Mexico has a traditional capitalist economy, transitioning to a modern capitalist one -- Mexico is an Emerging Market (EM), or Newly Industrialized Country (NIC).Mexico has never been a command economy.
What type of economic system does Tunisia have?
Algeria has a mixed economy that is slightly closer to command than market
What economic systems does US use?
The US of A has a mixed economy - a combination of market economy and command economy.
Is US a capitalist economy or mixed economy?
Capitalist: wages system,production for profit, class ownership.
What kind of economy does Singapore have?
Singapore is a parliamentary republic.its a politacal government
Does Mexico have a capitalist traditional or command economy?
Mexico has a traditional capitalist economy, transitioning to a modern capitalist one -- Mexico is an Emerging Market (EM), or Newly Industrialized Country (NIC).Mexico has never been a command economy.
What type of economic system does Tunisia have?
Algeria has a mixed economy that is slightly closer to command than market
What economic systems does US use?
The US of A has a mixed economy - a combination of market economy and command economy.
Is US a capitalist economy or mixed economy?
Capitalist: wages system,production for profit, class ownership.
Why India is a capitalist economy?
India has mixed economy
What kind of economy does Singapore have?
Singapore is a parliamentary republic.its a politacal government
What is the US economy often called?
Mixed Economy
What country has a mixed command economy?
Mongolia has a mixed government
Which countries dont have a mixed economy?
There isn't a national economy that is totally capitalist or totally command economy. Every economy leans to one or the other. The only examples that would differ would be tribal economies. The USA is regarded as the most capitalist economy but there are many elements of a 'command' ie. Federal Reserve, government intervention in the markets etc. Cuba could be regarded as the most command economy, but the free market infiltrates.
Is Spain a market economy command economy or mixed?
mixed economy
What do you call an economy that is both partly command and market?
When an economy is partly command and partly market, is called a mixed economy.
What are the examples of mixed capitalist economy?
United States
