0
A capitalist market, or free-enterprise economy, is an economic system where private individuals or businesses own and operate the means of production and distribution of goods and services. In this system, market forces such as supply and demand determine prices and the allocation of resources, promoting competition and innovation. Minimal government intervention allows for greater freedom in economic decision-making, encouraging entrepreneurship and individual initiative. Overall, this model aims to create wealth and improve living standards through efficient resource management.
What else can I help you with?
What type of economy is the Indian economy?
A market based (capitalist) economy.
What economy does the US have?
-a mixed market economy. trust me i just got the question wrong when i answered with capitalist -you are right it is mixed market economy. congrats for you. capitalist economy is so wrong.
What term used to describe a market economy?
Capitalist
Does Germany have a command economy or free market economy?
Neither: it is capitalist with state interference.
What Countries with a capitalist view of society have which type of economy?
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
Is a capitalist economy market or command?
market
What type of economy is the Indian economy?
A market based (capitalist) economy.
What economy does the US have?
-a mixed market economy. trust me i just got the question wrong when i answered with capitalist -you are right it is mixed market economy. congrats for you. capitalist economy is so wrong.
What term used to describe a market economy?
Capitalist
Does Germany have a command economy or free market economy?
Neither: it is capitalist with state interference.
What Countries with a capitalist view of society have which type of economy?
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
What term is used to describe a market economy?
capitalistA+
In a market or capitalist economy who makes the economic decisions?
The people in the market make these decisions on an individual basis.
Is Germany's economy capitalist?
It is a Social Market. Kinda Kind of a socialist feel and kind of a capitalist feel.
Is Mongolia a command economy or a market economy?
They are really rich and they have $9.8 billion dollars.
How do you explain this sentence pure market capitalist economy?
your economy is based on what you buy and how much you can sell it for later ...
What does capitalism economy mean?
A capitalist economy would be an economy that is based solely on private ownership of capital and of the means of production. This is just a vague statement because there are several different kinds of capitalist economies. E.g. Free Market, Social Market and several others.
