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Is a capitalist economic system compatible with a democratic political system?
Wiki User
∙ 12y ago
A democratic political system is compatible with any economic system that the majority of the voters like. At the present time we have no pure capitalist systems, we have mixed systems, which include some elements of the free market, and some elements of socialism. Even so, the economy of the US is largely capitalist in nature, and the political system is democratic. These may not be perfectly compatible, but they have functioned together for over 200 years.
Wiki User
∙ 12y ago
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What is barbados economic system?
Barbados is a democratic capitalist economy.
What most democratic countries have which type of economic system?
Most democratic nations run under the capitalist system. However, many capitalist countries are not democratic.
Does the economic system in place necessarily determine what political system is used?
Not necessarily, you can have a capitalist economic system under an authoritarian regime as well as under a democratic regime. Some forms of economy, like central planning, occur much more easily under an authoritarian system than a more democratic one, but it is not wholly impossible for a democratic regime to embrace central planning.
A democratic political system is an essential for sustained economic progress?
yes a good democratic system of govt can sustain economic progress yes a good democratic system of govt can sustain economic progress
What kind of government makes political economic and social decisions?
Democratic Government.
What does democratic socialism do for Canada?
Democratic socialism, defined as a political movement that seeks to create a post-capitalist economy based on market socialism or economic planning, does not exist as a major political force in Canada.
What is barbados economic system?
Barbados is a democratic capitalist economy.
What most democratic countries have which type of economic system?
Most democratic nations run under the capitalist system. However, many capitalist countries are not democratic.
Are communism and capitalism considered to be parties?
They are not considered to be parties. Capitalism is an economic system, Communism is a political ideology that aims for a post-capitalist economic system. There are Communist parties, which claim to want to build a communist system eventually. There are no parties with the name capitalist, because we currently live in a capitalist society. Basically, all political parties are capitalist - they are all parties of capitalism.
Does the economic system in place necessarily determine what political system is used?
Not necessarily, you can have a capitalist economic system under an authoritarian regime as well as under a democratic regime. Some forms of economy, like central planning, occur much more easily under an authoritarian system than a more democratic one, but it is not wholly impossible for a democratic regime to embrace central planning.
A democratic political system is an essential for sustained economic progress?
yes a good democratic system of govt can sustain economic progress yes a good democratic system of govt can sustain economic progress
What kind of government makes political economic and social decisions?
Democratic Government.
What type of economic system does Croatia have?
8=D I totally understand ya, bro! The last person here didn't help you at all!! I got your back! I found out (thanks to Wikipedia, by the way) that it has a capitalist/democratic system. I also kind of knew, because now since it's postcommunism, and we know it's democratic (or at least I do), it's capitalist/democratic.
How do you complete a sentence that begins with the phrase 'Who is the capitalist'?
Who is the capitalist leader of the world is an easy question to answer, because the 'laissez faire' domestic policies and the democratic politico-economic foreign policies of the United States of America are well known, at home and abroad.
What are the political economic and social consequences after world war 2 in the US?
The Cold War; the rivalry between capitalist America and communist Russia.
Is the term 'Domino Theory' a political or economic term?
The term 'Domino Theory' is a political term. It was used during the Cold War to describe the belief that if one country fell to communism, neighboring countries would also fall like a row of dominoes.
What did the called iron curtain symbolize?
the political and economic division between the democratic west and the communist east
