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a social and economic system where prices are fixed by supply and demand

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13y ago

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How do you explain this sentence pure market capitalist economy?

your economy is based on what you buy and how much you can sell it for later ...


Is a capitalist economy market or command?

market


Is free enterprise found in a capitalist economy or socialist economy?

It is found in a capitalist economy. However, do remember no nation currently has a pure capitalist or pure socialist economy. Every nation has a trace of capitalist and socialist


What type of economy is the Indian economy?

A market based (capitalist) economy.


Does the us have a capitalist or socialist economy?

The United States of America has a relatively free-market capitalist economy. As with all capitalist systems, the government plays a significant role in providing public goods, infrastructure, a social safety net, and large expenditures for pure research and development. The vast majority of commercial enterprises are privately-owned and operated for profit in a market economy.


What economy does the US have?

-a mixed market economy. trust me i just got the question wrong when i answered with capitalist -you are right it is mixed market economy. congrats for you. capitalist economy is so wrong.


What term used to describe a market economy?

Capitalist


In which countries is there pure capitalism?

their are no countries that have pure capitalism because pure capitalism can never exist. pure capitalism lead to anarchy and a coercive monopoly whit businessman telling how to live are life.


Does Germany have a command economy or free market economy?

Neither: it is capitalist with state interference.


What Countries with a capitalist view of society have which type of economy?

Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.


What term is used to describe a market economy?

capitalistA+


In a market or capitalist economy who makes the economic decisions?

The people in the market make these decisions on an individual basis.