mixed market economy
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
I think they must have a mixed economy
Magan
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
I think they must have a mixed economy
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
I think they must have a mixed economy
Mixed Economy
Magan
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
The type of economy usually matches the type of government. For example, a democratic country will usually have a capitalist (or free market-based) economy while a non-democratic country will usually have a socialist economy. The more freedom there is in the government usually brings about more freedom in the economy. However, I would say that the type of government affects the economy and not vice versa. Of course, if the economy completely crashed, it could cause a democratic country to become non-democratic. People tend to vote for radical decisions during crises.
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
Africa as a whole is a continent that comprises of many countries. But the sugested economy practice by most africans is a socialist economy.
command economy
The Type of Economic System that is found in many European countries is a Traditional economy