Question

 What type of economic system does socialism advocate?

Answer According to Kobe University's information on the collapse of the socialist economic system, the socialist ideology favored the use of a centrally controlled, or socialist economic system that domi... Read More »
http://www.answerbag.com/q_view/1950519

Top Q&A For: What type of economic system does socialism adv...

What type of economic system does Kuwait have?

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

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 »
http://www.answerbag.com/q_view/2240025

What type of economic system does Nicaragua have?

Nicaragua has a capitalistic economy, with 56.5 percent in the service sector, 25.8 percent industrial and 17.8 percent agricultural, according to 2009 "CIA World Factbook" estimates. It's the poor... Read More »
http://www.answerbag.com/q_view/2065619

What type of economic system does Cuba have?

Cuba is a totalitarian state, so its economy is largely controlled by the Cuban Communist Party. The current administration, led by Raúl Castro, is attempting to balance economic revival with the ... Read More »
http://www.answerbag.com/q_view/2234176


feedback
loading