The bad one
China was state capitalist, and is now a mixture of state and private capitalism.
Cuba is still transitioning to a mixed market economy from a socialist economy. Fidel Castro was the President of Cuba from 1976 to 2008.
social economy
China. China's GDP is 13 trillion whereas the US' GDP is 18 trillion
China.
market economy
A market economy.
market economy
China was state capitalist, and is now a mixture of state and private capitalism.
capitalistic economy
Communist, but there economy is capitalist.
Yes, China has an economy.
Command Economy
China's economy is known as a command system, or a socialist economy. This means that the wealth of everyone in China's work force is evenly distributed amongst everyone in the country. This poses a problem for people's incentive to work which is the main flaw in this type of economy
transitioning to a free market economy
No, china does not have a market economy!
Communism