Most of the world's democracies (and several of its autocracies) have what most would call capitalist economic systems. Please note, however, that the precise meaning of "pure capitalism" is disputed-most economies (except maybe Somalia) have some level of government control of production, but it's up for debate what level of control no longer constitutes capitalism. For example, the United States, generally considered a capitalist system, has some government-controlled portions of the economy, such as transportation infrastructure, flood insurance, and public utilities (managed by quasi-governmental agencies). Other cases are even murkier, such as Egypt, where the economy is nominally privately-controlled, but the military unofficially owns up to 40% of businesses.
The most state-planned economies are usually cited as: North Korea, China, Cuba, Laos, and Cambodia. An argument can be made that each is a communist economy, although China blends some free-market elements with an autocratic political system, while North Korea does away with the internationalist focus of communism and focuses on "self-reliance", and Cuba seems to be slowly opening its economy.
Capitalism is an economic system and doesn't necessarily relate to the political system in a county. It does not determine if there are elections are not. Many countries that are capitalist do have elections though.
Capitalism is an economic and political system. This is when countries trade and industry are controlled by private owners for profit and not the state.
Capitalism
Most democratic nations run under the capitalist system. However, many capitalist countries are not democratic.
Capitalism
Capitalism is an economic system and doesn't necessarily relate to the political system in a county. It does not determine if there are elections are not. Many countries that are capitalist do have elections though.
Capitalism
Capitalism is an economic and political system. This is when countries trade and industry are controlled by private owners for profit and not the state.
Most democratic nations run under the capitalist system. However, many capitalist countries are not democratic.
Capitalism
Capitalism is the economic system currently replacing Communism in former Soviet countries.
capitalism. infact home of capitalism.
Capitalism is an economic system. Mercantilism is trading.
mixed-capitalism
The economic system of the US is called Capitalism.
The economic system replacing communism in the former Soviet countries is primarily capitalism, with varying degrees of market liberalization and privatization. These countries have transitioned from centrally planned economies to market-based economies, allowing for private ownership of businesses, competition, and market forces to determine prices and production. However, the extent and success of this transition vary among different countries in the region.
The economic system where operations are funded by profit and where production and distribution are corporately or privately owned is capitalism. Examples of countries that use capitalism include the United States, United Kingdom, Canada, Japan, Denmark, and Australia.