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A country can have a mix of capitalist and socialist principles in its economic system, although it may lean more towards one or the other. For example, a country could have a capitalist economy with socialist welfare programs aimed at addressing social issues like healthcare and education.
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What country is the sixth largest in the world?
Australia is the sixth largest country in the world.
Which country is largest country of the wold according to population?
The largest country in the world is Russia but China has the most population
Is Athens the richest country in the world?
Athens is not a country, but the capital city of Greece. Greece is not the richest country in the world, as there are other countries with higher GDP per capita. However, Greece is a developed country with a diverse economy.
Is Dominican republic a third world country?
The Dominican Republic is classified as a developing country, often referred to as a middle-income country. It is not considered a third world country, which is a term that is no longer commonly used to describe countries based on economic development.
What country in the EU is the largest?
France, with an area of 212,000 square miles, is easily the biggest country in the EU by area.
Capitalistic economy of India?
No. India is a mixed economy , a combination of capitalistic and socialistic economies
What is included in mixed economy?
Mixed economy included Capitalistic economy and also Socialistic economy. Capitalistic economy for profit earning and socialistic economy for social welfare.
Clearity how socialistic and capitalistic system influence are ecology system with the help of exp?
Clearity how socialistic and capitilistic system influence are eco system with the help of exp?
Countries with mixed economic system?
Almost every country in the world is a mixed economic system, there are no real pure capitalistic or pure command economies any more. Nations either have a capitalistic economy (which is mixed but more capitalistic than socialistic) or mixed command economies (which has a private sector but this is dwarfed by the public sector).
Is Liberia a capitalist society?
Liberia is na mixed Economy,but a country like Liberia must control its people first so it is more socialistic than capitalistic. Only some sectors are free market sectors.
Is America a capitalistic country?
Yes
Which country is the best example of a capitalistic economic system?
Vietnam
Is Ireland a socialistic country?
Ireland does not currently have what would be regarded as a socialist government.
Is capitalism the best system?
Yes! Trust a man who lived in socialistic country.
Socialistic economy vs capitalistic economy?
Socialistis believe a country's resources should be used accordingly to a plan that's formulated by manufacturers, farmers, workers, and government officials working together. Socialists hope to adjust production to the needs of all people. A capitalistic economy on the other hand, is a free-enterprise system that's rooted in private property and markets. This gives freedom to individuals and businesses to posses and dispose of goods, services, and resources.
What does it mean to have a capitalistic country?
that there are private companies owned by people, and not the government.
Is the US a capitalistic nation?
Yes, it is the ultimate capitalist country.
