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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 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 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

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 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


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