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The mixed economic system in the Philippines combines elements of both capitalism and socialism. In this framework, the government plays a significant role in regulating and guiding economic activities while allowing for private enterprise and market competition. Key industries, such as utilities and transportation, may be state-owned or regulated, while other sectors are open to private investment. This system aims to promote economic growth and social equity, addressing the needs of the population while fostering a competitive market environment.
What else can I help you with?
What type of economic system does the Philippines have?
mixed economic system
What economic system Philippines belong?
Mixed Economy
What is economic system used by South Africa?
mixed economic system
In his economic system Smith believed that the basic economic questions were answered by the?
market xtine In short, the economic activities in the Philippines are both free of intervention and with government regulations. It may be regared as mixed economy.
What type of economic system does Niger have?
What is nigeria's economic system? What is nigeria's economic system?
What type of economic system does the Philippines have?
mixed economic system
What economic system Philippines belong?
Mixed Economy
What type of economic does Philippines have?
Mixed!mixed mixed! :d
What is economic system used by South Africa?
mixed economic system
In his economic system Smith believed that the basic economic questions were answered by the?
market xtine In short, the economic activities in the Philippines are both free of intervention and with government regulations. It may be regared as mixed economy.
What type of economic system does Niger have?
What is nigeria's economic system? What is nigeria's economic system?
Disadvantages of the mixed economic system?
what is mixed econmic systems
What economic system do most democratic countries have?
MIXED!!
America's economic system is known as?
mixed-capitalism
Does mixed economic system exists in Bangladesh?
A mixed economy is an economic system that incorporates a mixture of private and government. From the birth of Bangladesh it commemorates that economy will be provided uttermost by relying on both sectors.So we can say that mixed economic system exists in Bangladesh.
What type of economic system does England have?
mixed
What is the best economic system for consumers?
mixed
