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A capitalistic system is an economic system known as a free enterprise system.

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10y ago

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What is pure capitalistic system?

A capitalistic system is an economic system known as a free enterprise system.


Countries with mixed economic system?

Almost every country in the world is a mixed economic system, there are no real pure capitalistic or pure command economies any more. Nations either have a capitalistic economy (which is mixed but more capitalistic than socialistic) or mixed command economies (which has a private sector but this is dwarfed by the public sector).


What system is also called a monopoly system?

Capitalistic system.


What economic system is Italy?

capitalistic economy


How would you describe a capitalistic system?

A capitalistic system is an economic system based on private ownership of the means of production and the pursuit of profit. In a capitalistic system, individuals and businesses are free to compete in the marketplace, determining prices and allocating resources. This system operates on the principles of supply and demand, with minimal government intervention in the economy.


What economic system does Greenland have?

Capitalistic mixed economy


Which country is the best example of a capitalistic economic system?

Vietnam


The first nation built on a capitalistic system was .?

Netherlands


What kind of ecomomic system does Mexico have?

It is an "emerging market economy" with capitalistic tendencies.


What element controls and maintains a capitalistic economic system?

TAXATION,answerd by Robert hardy


Does Mexico have a free enterprise socialist or communist?

It has a free enterprise or "capitalistic" economic system.


Clearity how socialistic and capitalistic system influence are ecology system with the help of exp?

Clearity how socialistic and capitilistic system influence are eco system with the help of exp?