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Why would a completely free market economy would not be a practical one for any major country?
Wiki User
∙ 13y ago
A free market economy is an economy in which all markets within it are unregulated by any parties other than those in the market. It limits the government's intervention. If it was completely free than the government would have less intervention and would make the economy much more sensitive and vulnerable.
Wiki User
∙ 13y ago
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Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
Which economic systems leaves production decisions completely up to the producers?
Free-market economy
What must a country do to join the European Union?
Have a stable democratic system, respect human rights, and agree to have a market economy.
Does Germany have a free market economy?
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
Does a country have to be a democracy to have a prosperous free market economy?
no
Economy of usa a developing country?
It has a Market Economy
Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
Which economic systems leaves production decisions completely up to the producers?
Free-market economy
What country is a market economy?
there are none
Is china a free market economy?
No. it should be under mixed market economy
What must a country do to join the European Union?
Have a stable democratic system, respect human rights, and agree to have a market economy.
Does Germany have a free market economy?
Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.
Does a country have to be a democracy to have a prosperous free market economy?
no
Can a country have unitary government and a market economy?
Yes
Can a country have a unitary government and a market economy?
Yes
What type of economy does myanmar have?
Myanmar(Burma) has a mixed economy.It would be market economy, but because no country has pure market economy due to government regulations, Myanmar has a mixed economy.
Is Argentina a mixed economy?
Argentina is a mixed economy. The banks are state owned and it does not have a completely free market yet. It is not a command economy.
