A capitalist country has a free-market economic system.
A system where production takes place for the sake of profit, where most people have to work for wages, and a tiny minority live very well off rent, interest and profit .
Free-market
mixed economy between socialist and capitalist
Capitalist: class ownership, wages system, production for sale.
Decisions about the kind of economic system a country has are normally made by that country's government.
Planned
Free-market
mixed economy between socialist and capitalist
Capitalist: class ownership, wages system, production for sale.
Decisions about the kind of economic system a country has are normally made by that country's government.
Planned
Planned
it would be
Free-market
Switzerland is a capitalist country.
The US is capitalist: wages system, production for sale, class ownership of the means of production.
planned or command economic system
8=D I totally understand ya, bro! The last person here didn't help you at all!! I got your back! I found out (thanks to Wikipedia, by the way) that it has a capitalist/democratic system. I also kind of knew, because now since it's postcommunism, and we know it's democratic (or at least I do), it's capitalist/democratic.