What Kind of Economy Does Chile Have?


Chile is located in South America and has a mixed economy. It is a market that has some government intervention in order to keep the economy on an even keel.
1 Additional Answer
The economy of Chile can generally be described as a free-market, capitalist economy. What kind of economy they have is a more complicated question that, however, as there are varying levels of privatization in different industries there. As of 2012, Chile can be described as having the most capitalistic style of economy of all South American countries.
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