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 What type of economic system does Kuwait have?

Answer Kuwait has a free-market economy. As of 2010, Kuwait does not tax personal income or domestic businesses. The main tax is a 15 percent tax on foreign-owned firms. As of 2010, half of Kuwait's gross... Read More »
http://www.answerbag.com/q_view/2034311

Top Q&A For: What type of economic system does Kuwait have

What is the type of economic system in Italy?

Italy has an industrialized economy, focusing mainly on private industry in the north and a much poorer agricultural economy in the south. The country is diversified, though very specialized, with ... Read More »
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What type of economic system does Taiwan have?

Taiwan has a capitalist economic system. Fewer and fewer industries and banks are under state ownership as privatization occurs throughout the country. About 70 percent of the gross domestic produc... Read More »
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What type of economic system does Ecuador have?

Ecuador has a capitalistic, service-based economy with about 60 percent of the country's gross domestic product (GDP) coming from services, according to the CIA. The petroleum reserves found in the... Read More »
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What type of economic system does Lebanon have?

Lebanon has a free-market economy with no restrictions on foreign investment, according to the CIA World Factbook, yet outside investors must overcome myriad red tape, fees, unfriendly laws and cor... Read More »
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