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Switzerland is a capitalist country.

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Q: What kind of economy is used in Switzerland?
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Related questions

What type of economy does Switzerland have?

they have a market in Switzerland full of cotton candy : )


Is Switzerland a command economy?

no its economy revolves around alligators and farms .


Is Switzerland a communist state?

No, it has a capitalist economy.


What is Switzerland's political system?

The economic system of Switzerland is a market economy. The main components of Switzerland's economy is banking and international trade.


What are residents called in Switzerland?

People of Switzerland are called Swiss.


What kind of economy does Belgium have?

The kind of economy that Belgium has is a mixed economy. This is a capitalist economy which has involvement of the government.


How is Switzerlands economy doing?

Switzerland's economy is one of the best in the world. With Monaco's being the best. Switzerland's economy is better than those of the United States and Japan. And it is also one of the richest countries. If you plan to buy a house there it is at least 500,000 USD


What kind of govenment does Switzerland have?

To be more precise Switzerland has a Federal Democratic Republic


What is a collective economy?

A collective economy is an economic system where ownership of resources and the means of production is shared or collectively controlled by a group of individuals or the community as a whole. In this system, decision-making and distribution of goods and services are often based on principles of cooperation and mutual benefit rather than individual profit.


What ways does Austria's economy differ from Switzerland?

Dairy farming is important in Austria


What kind of economy does Thailand have?

The kind of economy that Thailand has is a mixed economy. This means that the private sector and the government are key stakeholders of the economy.


What kind of economy did the North have?

a rich economy