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What types of economic systems exist throughout the world today?
capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy capitalism, communism, socialism, and market economy
Is capitalism a type of command economy?
no. only Socialism and communism.
What is an economy where government owns all production and industry?
Command Economy.
Was communism or socialism first?
It was from Socialism that Communism was born.
What is the political system that tends to eliminate the free market economy?
Strong socialism/Communism
What is the political system that tend to eliminate the free market economy?
Strong socialism/Communism
In what type of economy the government owns the basic means of production?
A Communist Economy. ------ Socialism
What argument was made by some in favor of turning to socialism or communism in the face of the depression?
a state-run economy
Is Belgium a Communism Socialism or a Capitalism?
Yes, Belgium's economy is a form of capitalism.
What political system calls for government control of the economy?
Communism is the political system that called for government control of the economy.
What are capitalism and communism and socialism?
Capitalism is a free-market system with little or no government regulation. Communism is a system where the market and means of production are owned by the government. Socialism allows some regulation of the economy and is also the transition from capitalism to all out communism.
How does socialism provide a compromise between capitalism and communism?
Socialism is not a compromise between capitalism and communism, it is a distinct economic system and mode of production. A "mixed economy" is often cited as being a compromise between socialism and capitalism, but in practice most mixed economies are interventionist capitalist economies.
