0
There are several countries that use a free market economy system. The following list contains five of these countries, Brazil, Peru, India, the United Kingdom, and Kenya.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What are the five features of your market economy?
There are five features that describe market economy. They are freedom of choice, motive of self-interest, competition, system of market and prices and limited government.
What was the name of the two different economic system that the soviet union and the united state had?
The US economy is based on a 'free enterprise' or 'free market' system although the US Government has a lot of economic rules and regulations that it enforces. But basically the US has a so-called 'market economy'. The Communist USSR had a 'planned economy' which meant that all economic activities, often down to specific output levels for products, were centrally planned ahead by the USSR Government, usually for five-year periods.
How many sectors make up the economy?
Five
What are five factors that affect the labor market?
no
How does Stalin's 5 year plan resemble a command economy?
Stalin's Five Year Plan did not "resemble" a command economy; it WAS a command economy. A command economy is when the central government determines how much production will occur (instead of allowing businesses to produce at their own levels). The Five Year Plan was an explicit set of quotas by Stalin as to how much production (mostly agricultural) would occur in the next five years, setting a level of production which was unreasonable.
What are the five features of your market economy?
There are five features that describe market economy. They are freedom of choice, motive of self-interest, competition, system of market and prices and limited government.
Five countries who's economy depend on trading of commodities?
five countries who's economy depends on trading of commodities
What are the five institutions?
The five basic institutions are family, economy, religion, education, and economy.
Is France one of the largest countries?
The largest country in what? population, area, economics, ... However, France is one of the five nuclear weapon States and one of the biggest countries in Euorope in area, technology, and economy.
What are the five components of the materials economy?
Extraction, Production, Distribution, Consumption, and Disposal. Those are the five components of the materials economy.
What are the top five photo accessories on the market?
The top five photo accessories on the market are, in no order, the frame, magnet, hook, stand, and table. These are the top five accessories on the market!
Which is the best description of the Russian economy before 1985?
The Russian economy since the Bolshevik Revolution to the dissolution of the Soviet Union in 1991 was command market. This was done through comprehensive five-year plans and precise GOSPLANS. Another facet to the Soviet economy were their massive defense expenditures per capita.
Scandinavia one of earth five regions includes five countries?
what is the five countries of Europe of Scandinavia
What is the five countries that experience daytime with the philippines?
what is the five countries that experiencedaytime with the philippines
What was the name of the two different economic system that the soviet union and the united state had?
The US economy is based on a 'free enterprise' or 'free market' system although the US Government has a lot of economic rules and regulations that it enforces. But basically the US has a so-called 'market economy'. The Communist USSR had a 'planned economy' which meant that all economic activities, often down to specific output levels for products, were centrally planned ahead by the USSR Government, usually for five-year periods.
What are the Europe's five countries?
5 countries of what?
Five functions of the Australia financial system?
5 functions of the australian financial system
