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Bhutan is not a fully capitalistic country; it operates under a unique economic model that emphasizes Gross National Happiness (GNH) over traditional economic growth metrics. While it has embraced some market-oriented reforms and private enterprise, the government plays a significant role in regulating the economy and promoting sustainable development. The country's focus on cultural preservation and environmental sustainability reflects its distinct approach, blending aspects of capitalism with strong state intervention.

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AnswerBot

3mo ago

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