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What would have the same meaning as capitalism or a market economy?
Wiki User
∙ 11y ago
Free Enterprise System
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoFree- enterprise system
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What does capitalism economy mean?
A capitalist economy would be an economy that is based solely on private ownership of capital and of the means of production. This is just a vague statement because there are several different kinds of capitalist economies. E.g. Free Market, Social Market and several others.
What is an economy where the people who buy the goods decide the products that will be sold and what pricethey will pay?
I'm going to infer a "What is an..." in front of your question. The answer would then be Free Market Capitalism. Please do your homework yourself though.
How might the economy suffer if there were no banks?
Capitalism would become impossible.
What economic systems leaves production decisions completely up to the producers?
free-market economy
Is Japanese capitalism?
Japan operates a market economy that adheres to many basic capitalist concepts. However because it does expect citizens to pay tax for infrastructure and some public services so it would be fair to describe it as a mixed economy.
What would have the same meaning as capitalism or market economy?
Free- enterprise system
What would have the same meaning as capitalism or a market?
Free- enterprise system
What does capitalism economy mean?
A capitalist economy would be an economy that is based solely on private ownership of capital and of the means of production. This is just a vague statement because there are several different kinds of capitalist economies. E.g. Free Market, Social Market and several others.
What is an economy where the people who buy the goods decide the products that will be sold and what pricethey will pay?
I'm going to infer a "What is an..." in front of your question. The answer would then be Free Market Capitalism. Please do your homework yourself though.
How might the economy suffer if there were no banks?
Capitalism would become impossible.
What economic systems leaves production decisions completely up to the producers?
free-market economy
Is it true of false that socialism and captialism are market based economies?
It is true that capitalism is a market-based economy. Socialism can be either market-based or based on economic planning. However, even in socialist planned economies, there would still be markets in consumer goods and some markets for capital goods, so socialism would still include a role for markets. On the other hand, fully-developed communism would NOT be a market-based economy.
This is a theory of government in which a single party controls the economy and production?
That would be state capitalism.
Is Japanese capitalism?
Japan operates a market economy that adheres to many basic capitalist concepts. However because it does expect citizens to pay tax for infrastructure and some public services so it would be fair to describe it as a mixed economy.
Would you expect new and better machinery and equipment to be adopted more rapidly in a market economy or in a centrally planned economy?
Market economy
How much money does a personal shopper get?
There are many variables on personal shopper salaries.
What is the history of the mixed economy?
An economy which combines elements of the market economy with elements of a command economy; that is, combines characteristics of capitalism and socialism. In a mixed economy, some but not all of the activities of production, distribution, and exchange are organized by the state, and the state generally plays a larger role in setting policy, rules, and objectives, and in controlling labour, than would occur in a purely market economy.The term is sometimes used more loosely to refer to an economy which includes any elements other than a pure market economy, for example pockets of subsistence farming in particular areas of the country
