"In the 1950's Khrushchev predicted: We will bury you." But in the West today, we see a free world that has achieved a level of properity and well-being unprecedented in all human history. in the communist world, we see failure, thenological backwardness, declining standards of health, even want of the most basic kind-- too little food.
Mexico is a capitalist country, while Cuba is communist.
The three types of economic systems are centrally planned, traditional, and free market (or capitalist).
its good
gretyregq
China has a "mixed" economy, part socialist/communist, part capitalist. It's centrally managed by an authoritarian government.
democratic
The Iron Curtain was the name given to the political among other aspects barrier that the USSR put between itself and the Western or Capitalist world. It did this because the Communists basically disagreed with the ideology of the Capitalist systems.
There are now almost no countries (except perhaps North Korea and Cuba) that do not basically employ a capitalist economic system. The system of government may be dictatorship or communist but the economic systems have all reverted to capitalistic principles.
"Red capitalist" refers to a phenomenon in which individuals or entities in a communist or socialist system, particularly in China, leverage state support to amass significant wealth and engage in capitalist practices. This term highlights the blending of communist political ideology with capitalist economic behaviors, where entrepreneurs thrive within a framework that allows for market-oriented reforms while still adhering to the overarching control of the state. The concept underscores the complexities and contradictions of economic systems that combine elements of both communism and capitalism.
Answer this question… The Communist Manifesto
compane and contnast the diffearence typcs of economic sys tem
Liberal, capitalist, free market