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What French economist is most associated with the mercantile economic system?

The French economist most associated with the mercantile economic system was Colbert.


Which economic system is laissez faire most commonly associated with?

capitalist


Which economic system has become associated with authoritarian governments and total control of the economy?

The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.


What economic reality for workers was most closely associated with the development of the factory system?

Reduced need for skilled workers.


What are the different economic system?

traditional economic system command economic system market economic system


What are the three different economic system?

traditional economic system command economic system market economic system


What are three main economics for economic system?

There are 3 main economics for economic system which are given below: 1.) Capitalism economic system 2.) Socialism economic system 3.) Mixed economic system .


A capitalist economic system is commonly associated with totalitarianism?

A capitalist economic system is commonly associated with liberal democratic ideology. The capitalist system involves the exchange of capital, products, and labour in markets between producers, manufacturers and firms with consumers and households. Minimal state-intervention guarantees property rights and provides an impartial and effective legal system to create incentives for economic development.The main feature that does not allow capitalist economic system to be associated with totalitarianism is lassiez-faire or the 'free market' principle advocated by Adam Smith. Totalitarian states often have large bureaucracies that usually control supply to meet demand and more generally plan and heavily regulate the economy - features that are inconsistent with capitalism.I hope that helps!


Why is it that there is no ideal economic system?

no ideal economic system


What the economic system vs political system?

What the Economic system v. political system


What are types of economic system?

Free economic system which is also called capitalist economy Centrally planned economic system which is also called the socialist economy Mixed economic system Military economic system


What economic system does Ghana have?

Nothing, that don't have an economic system.