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What does the us and Canada's economies have in common?
Canada's economy has grown in parallel with the US. That explains how Canada, a weakly populated country with not nearly as much industry as the US, obtains the 10th largest economy in the world. Canada and the US are immensely economically tied, as they are each others' largest trading partner.
Are Mexico's and Canada's economy alike?
No. Canada has a developed, free market economy, while Mexico has a mixed, developing economy. The largest difference is the amount of income per capita for both countries:Both 2010 est, in US dollarsCanada: 37,280Mexico: 15,010
What are the values underlying economic decision making in Canada and the US?
Well, since Canada is a mixed economy and the USA is a market economy, you could say that the economy is kind of a market economy. So the values are more based on what each individual person wants, not what the majority of the people want. Hope it helped:)
How does Canada's proximity to the US affect its trade and economy?
Because the US and Canada are direct neighbors, and also share a cultural and historical bond, they are very close allies. The US is the most successful country in economics, as it has the world's largest economy. Because of this, the Canadian economy has grown in parallel to the US's. This explains how Canada, a country with merely 35,000,000 people, has one of the largest economies on Earth. Also, the US and Canada created a free-trading association with Mexico. This made trading between these nations easier, faster, and obviously, free. In addition, the US and Canada are each others' largest trading partners.
Whose economy is srtonger the US or Canada?
China
What type of economy does US and Canada have?
The U.S. and Canada have a free market economy.
Do you have a free market system in the US?
The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.The economic system in the US is considered a mixed-economy. It has elements of both capitalism (free market system) and that of a socialist economy system.
Which is not primarily a market economy Cuba US Canada Mexico?
Cuba is a socialist economy.
Is US a free market economy?
It’s market economy with a lot of state interference (like most forms of capitalism).
What is the emphasis in the US with regard to the type of economy?
A free market (capitalistic) economy.
What kind of system does us have?
Capitalism Free Market Economy
What kind of system does the US have?
Capitalism Free Market Economy
Does the US have a free market economy?
No, the United States does not have a free market economy. Instead we have a mixed economy- government has some control over economic decisions ,but mostly acts as a regulator
What kind of economy is Costa Rica?
Costa Rica has a free market economy similar to the US.
What does the us and Canada's economies have in common?
Canada's economy has grown in parallel with the US. That explains how Canada, a weakly populated country with not nearly as much industry as the US, obtains the 10th largest economy in the world. Canada and the US are immensely economically tied, as they are each others' largest trading partner.
What is the rules followed by Canadian economy as a capitalist country?
Canada has a free market economy. It has more regulations of the US and Canada's healthcare for all system must be paid for. Often business taxes are used to pay for the free medical care programs they offer. That is not to say that there is a good atmosphere for business.
What type of economy do the US and USSR have?
I think it's called a free market economy, but I am not 100% positive on that.
