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State capitalism is when there is a free-market economy, but the government actively plays in the economy as an investor, manager, and organizer of various companies.
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What economic system is replacing communism in the former soviet countries?
The former Soviet countries used to be examples of state capitalism, but are now mostly private capitalism.
Why is capitalism called a free market economy?
Under capitalism, the market is free from state interference.
Is government ownership of most productive resources is a characteristic of capitalism?
It’s characteristic of state capitalism, but not of most forms of capitalism.
What political system calls for government control of the economy?
Communism is the political system that called for government control of the economy.
What economic principles did Vladimir Lenin believe in?
state capitalism
Key difference between state capitalism and free-market capitalism is?
It depends on whether the means of production are owned by the state (state capitalism) or by private capitalists (private capitalism). Free enterprise is a largely mythical variety of private capitalism.
This is a theory of government in which a single party controls the economy and production?
That would be state capitalism.
What is the state of economic Nigeria?
communism and capitalism is the Nigerian state
What economic system is replacing communism in the former soviet countries?
The former Soviet countries used to be examples of state capitalism, but are now mostly private capitalism.
Why is capitalism called a free market economy?
Under capitalism, the market is free from state interference.
What is astro capitilism?
Astro Capitalism is a state in which all government is lead by corporations. Astro Capitalism is a state in which all government is lead by corporations.
Is government ownership of most productive resources is a characteristic of capitalism?
It’s characteristic of state capitalism, but not of most forms of capitalism.
Is Norway a capitalism state?
Norway has a capitalist economy, it is a democratic state.
What economis system is privatley owned means of prduction?
Private capitalism. Another version of capitalism features state ownership, and there can also be mixtures of the two.
What form capitalism taken hold in modern china?
China was previously state capitalist but is now a mix of state and private capitalism.
What is capitalist hybrid?
Capitalism with some socialist elements mixed in.
What is the economic system in which a state controls trade and profit for good of state?
capitalism
