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What kind of economic system does France have?
mixed economy between socialist and capitalist
Is france's economy more capitalist or socialist?
Capitalist: class ownership, wages system, production for sale.
Is the US a capitalist or socialist country?
Capitalist: production for sale, wages system, minority ownership of the means of production, class division. Socialism has none of these, and there cannot be a mix of capitalism and Socialism.
Is Venezuela capitalist or socialist?
It’s capitalist: wages system, class ownership, production for profit. And capitalist countries have capitalist governments.
What are types of economic system?
Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system
What kind of economic system does France have?
mixed economy between socialist and capitalist
Is france's economy more capitalist or socialist?
Capitalist: class ownership, wages system, production for sale.
Does France have a democratic socialist economy?
France is capitalist: class system, wage labour, production for sale at a profit.
Is USA a capitalist approach socialist system or a communism or a mixed economy?
The USA has a mixed economy with a considerably large, but declining, private sector.
Is the US a capitalist or socialist country?
Capitalist: production for sale, wages system, minority ownership of the means of production, class division. Socialism has none of these, and there cannot be a mix of capitalism and Socialism.
Is Vietnam socialist or communist?
Yes, in a sense that they have only a single party government, however they opened their economy to progress their commerce in a capitalist like manner.
Is Venezuela capitalist or socialist?
It’s capitalist: wages system, class ownership, production for profit. And capitalist countries have capitalist governments.
Which economy is closer to US economy?
The US economy is closest to a capitalist economy system, although the US has been known to implement a few socialist policies (like more government intervention)
What are types of economic system?
Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system
What is the China's economic system?
China has a "mixed" economy, part socialist/communist, part capitalist. It's centrally managed by an authoritarian government.
Is US a capitalist economy or mixed economy?
Capitalist: wages system,production for profit, class ownership.
Is south Korea developed under a socialist system?
No, South Korea is not developed under a socialist system. It is a capitalist country with a mixed economy that includes elements of socialism, such as government intervention in certain sectors, but overall it operates on capitalist principles with a focus on private enterprise and free market competition.
