What economic system does Japan have?

Answer 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 »

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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 is an open economic system?

Several different types of economic system classifications exist in the world today. An open economic system in its purest form is an ideal, and no country has a completely open economy. However t... Read More »

What economic system does France use?

France has a mixed economy in which state enterprises exist alongside privately owned businesses. According to the CIA World Factbook, France is in the middle of a transition from heavy government ... Read More »