Capitalism, with all the expected problems:poverty, mi equality, environmental damage
mixed economy
Most countries today operate under which of these economic systems
Capitalism: wages system, production for sale, class ownership of the means of life.
Are countries today following Keynesian's economic policies today?
What kind of economic system the Minoans would be working under today is still probably trade. All they used to do was trade.
Namibia has a traditional economic system, because they are very agricultural and they don't really rely on the growth of human society today.
mixed economy
Most countries today operate under which of these economic systems
Capitalism: wages system, production for sale, class ownership of the means of life.
Are countries today following Keynesian's economic policies today?
The primary economic activity for countries of the Caribbean today is tourism.
By paying interest on deposits. (For those who are doing study island.)
economic world today is just like a barter system.
As of 2014, France's economic system is quite strong. They are one of the world's leading economic power. This is because they have agricultural, industrial and service sectors.
Socialism as an economic system is not widely used anymore. The USSR was the leading socialist government till its collapse in 1991, and China has socialist elements to it's economy, but the only countries with true socialist economies in place today are Cuba and North Korea.
What kind of economic system the Minoans would be working under today is still probably trade. All they used to do was trade.
Namibia has a traditional economic system, because they are very agricultural and they don't really rely on the growth of human society today.
1. The economic idea that seems to be the most widespread is the idea of capitalism