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What else can I help you with?
What kind of economy does Bolivia have?
Bolivia has a plurinational socialism. A more radical form of social democracy. Its a socialist nation but mixed with democracy and ethical capitalism.
If the US government took over the auto and steel industries how would this affect our economy?
our mixed economy would become less of a command and more of a traditional economy.
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).
What is the difference between a market economy and a mixed economy?
In a mixed economy, there are more government regulations.
Is US a traditional command or mixed economy?
Actually the United States is a Market Economy. Some people also call it free enterprise or a capitalism. The US could also be a mixed economy because the government also owns some things like railroads and some businesses but it is more of a Market Economy. This is where you make choices on what you want to make, how much you want it to cost, you are free to do anything without little government interference. A traditional economy is quite old now, this is where you trade or barter than actually paying anything. A command economy is where the government tells you what to make, how much it will cost, and you have to deal with the government more. A mixed economy is where there is a mixture of economic systems. To make it more plainer - The US could be either a Market or Mixed Economy but is more of a Market Economy!! Hopes this helps :D
China has experienced rapid economic growth since the late 1970s as a result of?
Shifting from a command economy to a mixed economy.
What is different from a command economy and a mixed economy?
A Mixed economy is an economy that is both a planned and free enterprise economy.This means is has both STATE CONTROLLED economies and also PRIVATE OWNERSHIP economies. These 2 are commonly found the Caribbean, such as Barbados or Cuba for example. Free Enterprise is practically self explanatory. It if the economic system for people who own their own businesses such as shops. The Controlled economy is well obviously controlled by the STATE but this usually affects larger companies and businesses.
How does the government participate in a mixed economy?
A mixed economy is an economy in which can be private and/or public, in other words the Government don't interfere with the decisions the public has to make. In a mixed economy the public decides production, distribution and other types of economic activities. A mixed economy is run controlled both by the Government as well as private owners; in a capital economy anybody can buy a share or trade, whereas at times the Government may condemn this action. One country which is considered to have a mixed economy is the United States. --Sura :D
Is India a command economy?
India is not technically a command economy. The economy of India focuses more on an indirect and direct state intervention type of economy.
Is mixed economy more reliable than planned economy?
yes mixed economy is more reliable in a mixed economy we get both the public as well as private players.on the other hand planned economy doesn't allow such freedom.mixed economy private companies are under restrictions of the government and there working is on check.
What is the economy rate in Bolivia?
The GDP of Bolivia is $18.94 billion and is growing at an annual rate of 5.6% See related links below for more information.
How might a nation move from a command economy to a market economy?
Nations are moving towards a market economy and away from the command economy because the market economy is more efficient and makes more people happy. A market economy has more protections in place for consumers.
