In madagascar and Switzerland what type of economic systems are present? ie. mixed, market, or command?
I beleive that both countries have market economic systems just looking for some back up. I know it's not traditional and not command so there both either Mixed or market. Market is when decisions are made based on what would be best for the economy , business and industry. And mixed is where decisions are made by both government and the influence of industry.
Answer:
Well, I don't know about Madagascar - but in Switzerland it's a so-called "social market economy". The basis is a market economy, but there are several "corrections" to make the system more social - starting from social welfare to the tax system and certain services supplied/controlled by the state like utilities.
More Questions and Answers:
Where can i find information on alcohol consumption statistics in the US compared to other countries?
what new deal programs survive today? which failed? which succeeded? are they of continued to benefit?
While there are international trade groups and treaties you may see that individual countries still create b
What was Greece's GNP and GDP in the last in the last 3 years? (2003-06)?
I need a website with a list of Mugabe's economic /treasury decisions that caused hyperinflation in Zimbabwe.
What are some shortcomings associated with using the consumer price index (CPI) as a measure of inflation?
egypt comparative advantage?
please help?
during the red scare, many americans blamed labor strikes on?
Answer:
Well, I don't know about Madagascar - but in Switzerland it's a so-called "social market economy". The basis is a market economy, but there are several "corrections" to make the system more social - starting from social welfare to the tax system and certain services supplied/controlled by the state like utilities.
More Questions and Answers: