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 What type of economic system does venezuela have?

Answer Venezuela has an economy that is based on free trade, but has a heavy socialist bent. Many companies in agribusiness, steel, oil, tourism and banking have been nationalized. It is ranked by the Her... Read More »
http://www.answerbag.com/q_view/2043875

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

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 Kenya have?

Kenya's economy is market-based. The U.S. State Department estimates gross domestic product (GDP) for 2008 at $30 billion. Of that, 59.5 percent was from services, 16.7 percent from industry and co... Read More »
http://www.answerbag.com/q_view/2035635

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 »
http://www.answerbag.com/q_view/2246115

What type of economic system does Ireland have?

According to the CIA's World Factbook, Ireland's economy is trade-dependent, comprising 49 percent services, 46 percent industry and 5 percent agriculture. It adopted the euro in January 2002. Glob... Read More »
http://www.answerbag.com/q_view/2062039


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