Topic: Main Features of Capitalist Economy
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What are the features of a capitalist economy?
There is a market where there are goods/services produced for exchange Productive wealth is held mainly in private hands Economic life is organised according to market principles of demand and supply Material self-interest and profit maximi... Read More »
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What are the Main features of an underdeveloped economy?
=== HEY I WANT TO TELL U THE FEATURES OF UNDER DEVOLPED ECONOMY- === === 1. THE COUNTRIES WHERE THE PER CAPITA INCOME IS LOW i.e. SALARY OF EACH PERSON IS NOT EQUAL. === === 2. WHERE PEOPLES ARE UNEMPLOYED. e.t.c. === Read More »
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What are the main features of a mixed economy?
What are the features of a mixed economy A mixed economy employs features of both Government/Planned economy and a Free market. Thus, it has features of both. It has 2 sectors. Public and Private. The public sector, being the government, ta... Read More »
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More Common Questions
Answers to Other Common Questions
KILLING like that person wrote they are not killing they are conquering and most money is based on wars. the spartan economy was based off Spartans, Perioiki and Helots.
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From each according to his abilities, to each according to his needs. Communism is the doctrine of the conditions of the liberation of the proletariat.
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Source: http://wiki.answers.com/Q/What_are_the_main_features_of_communism...
actually there are 6 main features of market economies : * private property * freedom of choice and enterprise * self interest as the dominating motive * competition * a reliance on the price system * a very little role for government ( neg...
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Source: http://wiki.answers.com/Q/What_are_the_three_main_features_of_a_m...
Trying to find an educated work force. Also getting quality people in management.
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Source: http://answers.yahoo.com/question/index?qid=20080623145529AAC7hLe
Freedom to transact. Private property protection, Predictable rule of law.
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Source: http://answers.yahoo.com/question/index?qid=20110911115809AAvkRVq
The Russian economy was primarily an agricultural one in 1870, moving towards an industrial economy from about 1880 onwards. Russia began a modernisation programme in the 1880s in order to build up her economic and military strength, partia...
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Source: http://answers.yahoo.com/question/index?qid=20090816194021AAArclD
Could think of 2 at the top of my head. 1.Price is determined by supply and demand 2. little or no govt interference
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Source: http://answers.yahoo.com/question/index?qid=20080806195037AA9WRSo
