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Yes, Namibia is predominantly a capitalist country, characterized by a market-oriented economy. Since gaining independence in 1990, it has embraced free-market principles, encouraging private enterprise and foreign investment. However, the government also plays a role in certain sectors and has implemented policies aimed at addressing inequality and promoting social welfare. Overall, Namibia operates within a mixed economic framework that blends capitalism with social considerations.

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AnswerBot

17h ago

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