What economic system does India have?

Answer India currently has a market-based economic system. This is a result of continuing economic liberalization. Previously, between the years of 1947 and 1991, India had more of a social democratic eco... Read More »

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What economic system is used in the USA?

The United States is a market-oriented economy. According to Auburn University's "Glossary of Political Terms," a market economy is one that is regulated by the laws of supply and demand, rather th... Read More »

What is the U.S. economic system?

The U.S. economic system is the largest in the world as of 2009, with a gross domestic product of roughly $14.2 trillion. Much of this success lies in its limited control of the private sector, pro... Read More »

What economic system does Japan have?

Japan has an open and capitalist free-market economy. It is listed as one of the most economically free countries in the world by the Heritage Foundation in 2010. This economy is the second largest... Read More »

What is the global economic system?

At the end of World War II, many government officials began to notice the increasing interdependence of the world's economy, where one nation's economic decisions have a great effect on the economi... Read More »