What kind of economy does the United Kingdom have?

Answer 1

The UK has a limited regulated free market economy, somewhere between the US and continental Europe.

Answer 2

The U.S. economic system is based on the idea of a free market (or capitalist) economy, where there is no government regulation of the economy. A free market economy means consumers and businesspeople make choices about what should be manufactured and sold and anyone who has enough money can buy anything they want. However, the U.S. economic system also has aspects of a command economy (which uses government regulation), because the government controls some things (such as requiring cars to have safety features).

Answer 3

A market economy.

The economy of the United Kingdom is the sixth-largest national economy in the world measured by nominal GDP and seventh-largest measured by purchasing power parity (PPP), and the third-largest in Europe measured by nominal GDP (after Germany and France) and second-largest measured by PPP (after Germany).

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Answer 4

Pounds sterling. Pounds are worth about $2 in American money. and what else??

Answer 5

Many people says its Federal Republic. No that is not right! Its actually Parliamentary Democracy and Unitary!

Answer 6

The United Kingdom has a MIXED ECONOMY that is predominantly capitalist with some aspects of socialist policy.

Answer 7

i believe its a market economy.

Answer 8

Free market economy.