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Yes! they are capitalist country though, but socialist in hiding!
Wiki User
∙ 10y ago
Wiki User
∙ 12y agoNo we don't have a socialist economic system.
We have a neoliberal economic system.
Neoliberal = private interest
Socialism = public welfare
paulbenn
The Philippines is capitalist. Socialism means no money or wages or classes or government.
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Is the Philippines a capitalist or socialist or communist country?
Based on their existing laws and government policies Philippines is a true socialist country but pretending to be a capitalist nation when dealing with the outside world.
Is Brazil a socialist country?
No, Brazil is a capitalist country.
Is France a socialist country?
yeah..
Which of these would have a controlled economic system?
a socialist country
What kind of economic system does a socialist country have?
Planned
Is the Philippines a capitalist or socialist or communist country?
Based on their existing laws and government policies Philippines is a true socialist country but pretending to be a capitalist nation when dealing with the outside world.
What countries have a socialist government in east Asia?
philippines
Is Colombia a socialist or communist country?
Neither: it is capitalist.
What European country's are socialist?
There are no socialist countries in Europe.
When was Socialist Party of the Valencian Country created?
The Socialist Party of the Valencian Country (PSPV-PSOE) was officially founded in 1978. It is a political party in the Valencian Community in Spain, affiliated with the Spanish Socialist Workers' Party (PSOE).
Is austria a socialist country or not?
No.
What country owns the Philippines?
The Philippines is an independent country and is not owned by any other nation. It is a sovereign state located in Southeast Asia.
Is Brazil a socialist country?
No, Brazil is a capitalist country.
Do the Philippines have freedom in the country?
Yes, the Philippines is a democratic country that upholds freedom of speech, expression, and religion. However, there have been concerns raised about threats to press freedom and human rights in recent years.
Is there a Socialist country in Caribbean?
Cuba is the perfect example of a Communist/ Socialist country in the Caribbean.
Is the us a socialist country?
No, it is a Republic.
Is Egypt a socialist country?
yes
