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What type of economic system does Venezuela have?

Venezuela has a market system.


What type of an economic system is Venezuela?

Venezuela has a more communist than capital economy.


What is one of Venezuela's major industries?

market


What kind economy does Venezuela?

Market Economy.


What countries have a command economic system?

Some countries that have a command market economy include China, Saudi Arabia, and Syria. Venezuela and Laos also have command market economies.


What statement best describes Venezuela's healthcare system?

Venezuela's healthcare system has deteriorated sharply since the 1980's.


Does Venezuela own Sunoco?

No. It is an American company. It has done work in Venezuela though.


Is market system the most efficient system?

There are many different types of market systems. Depending on the economy in which the system is used it can differ greatly as to which one will work better. In short there isn't one market system that will work as a "one size fits all." Trying to find the best or most efficient market system requires more factors and information. The rest is up for debate and is quite subjective.


Can everyone in Venezuela work?

yes.


What countries have a kakistocracy government system?

Venezuela


What market system is the most efficient?

There are many different types of market systems. Depending on the economy in which the system is used it can differ greatly as to which one will work better. In short there isn't one market system that will work as a "one size fits all." Trying to find the best or most efficient market system requires more factors and information. The rest is up for debate and is quite subjective.


Does Venezuela have a traditional command free market or mixed economy?

it has a free economy