Western Europe is predominantly private capitalist, while China is a mix of state and private capitalist.
No ! Taiwan is very capitalist. Mainland China (The People's Republic of China is Communist-led.
The Soviet command economy could not keep up with the productivity of capitalist economies.
because the communist policies were failing and eventually created a stagnant economy, while capitalist economies tended not to fail so much
There are no Socialist countries in Asia, nor could there be. Socialism is a classless stateless society based on production for use, and would have to exist on a global scale, with no countries or borders.
NO. Central Planning Committees only exist in planned economies, not free-enterprise capitalist economies. Production quotas are made by individual companies in capitalist economies.
China's Capitalist Revolution - 2009 is rated/received certificates of: Australia:M
a market system
China
2007
This question is based on a false premise. The European union has not promoted the establishment of socialist economies in member nations. There are no members of the European Union which have socialist economies. All members have capitalist economies.
ya it is................
gong road
no. but china is.
North Korea is a Dictatorship and South Korea is a capitalist country.
Well, It is very different because people are black an some are white. Capitalist economies are not good at all. Got to get swag with the United States.
NO. Central Planning Committees only exist in planned economies, not free-enterprise capitalist economies. Production quotas are made by individual companies in capitalist economies.