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Most countries today have a mixed economic system. This means that they combine elements of both market economies (where prices and production are determined by supply and demand) and planned economies (where the government controls production and prices).
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What type of economic system is found in many European countries?
The Type of Economic System that is found in many European countries is a Traditional economy
What most democratic countries have which type of economic system?
Most democratic nations run under the capitalist system. However, many capitalist countries are not democratic.
What type of economy do most autocratic countries have?
Most totalitarian countries have a dictatorship by a despot who holds onto power. Most, but not all totalitarian countries adopt this economic system.
Economic system of east Asia?
The Primary economic system of east Asia is Democracy because they have this in most of the countries that dwell there. But in China they have a dictatorship economic system. REPLY: Democracy isn't an economic system its a type of government and when you said China has a dictatorship economic system, i think you mean they have a command economy.
In which type of economic system does the government make no economic decisions?
There are several such systems, but the most popular is the laissez-faire system.
What type of economic system is found in many European countries?
The Type of Economic System that is found in many European countries is a Traditional economy
What most democratic countries have which type of economic system?
Most democratic nations run under the capitalist system. However, many capitalist countries are not democratic.
What type of economy do most autocratic countries have?
Most totalitarian countries have a dictatorship by a despot who holds onto power. Most, but not all totalitarian countries adopt this economic system.
Economic system of east Asia?
The Primary economic system of east Asia is Democracy because they have this in most of the countries that dwell there. But in China they have a dictatorship economic system. REPLY: Democracy isn't an economic system its a type of government and when you said China has a dictatorship economic system, i think you mean they have a command economy.
What type of economic system did the eastern bloc countries have during the world war 2?
A market
In Which type of economic system does the government make no economic decision?
There are several such systems, but the most popular is the laissez-faire system.
In which type of economic system does the government make no economic decisions?
There are several such systems, but the most popular is the laissez-faire system.
In a traditional economic system which type is most often produced?
Agricultural products
What type of economic system does the Philippines have?
mixed economic system
What type of economic system does Turkey have?
Its a Free market economic system
What type of economic system do individuals own most of the businesses?
Capitalism
Which type of economy is least likely to be found in the countries of Europe?
There is no member of the EEC that has adopted a communist economic system.
