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Is Ireland a market economy?

Yes, in common with all other members of the European Union.


What factors contribute to the level of natural unemployment in an economy?

Factors that contribute to the level of natural unemployment in an economy include the skills and education of the workforce, the efficiency of labor market matching, the level of technological advancement, and the overall health of the economy.


How does Market Economy contribute to the Economic growth of US?

I just want to find out what the contributions of the market economic system used in the United States are.


What is Bolivia economy?

Market Economy.


How did high tariffs contribute to the stock market crash?

. They damaged the U.S. economy by angering foreign trade partners


What is an economic system in which land property and capital property are properly owned and equally allocated and planned not controlled by a free market?

Centrally planned economy


What are the disadvantages of a free-market system?

A free market economy has its advantages as well as disadvantages. Some disadvantages are that a competitive environment creates an atmosphere of survival of the fittest. Wealth is not distributed equally, and there is no economic stability.


Which countries have a market economy?

Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.


Does China have a market economy?

No, china does not have a market economy!


Does Algeria have a market economy?

yes, it has a market economy.


What does a market economy encourages?

market economy encoursae


Is Bahrains economy command or market?

a market economy