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What is the type of economy of Bulgaria?

Anonymous

∙ 7y ago

Updated: 9/2/2023

Till 1989 (like other communist party ruled socialist countries of Europe) Bulgaria followed Marxist-Leninist model of State owned and regulated economy and there was no free and market economy.

Wiki User

∙ 14y ago

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More answers

Democratic parliamentary republic. Hope this answers your question.

Actually, that's their political system. Their economy is a free market economy.

Wiki User

∙ 14y ago

market oriented capitalistic economy

Wiki User

∙ 7y ago

Market oriented

Wiki User

∙ 7y ago

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Related Questions

What type of economy does Bulgaria have and what effects it's economy?

I think it's "market"...

What best describes Bulgaria's economy?

The economy has improved because of a government reform program. A+

What are challenges for Bulgaria's economy?

to compete with EU and its neigbours

Which of these statements best describes Bulgaria's economy?

The economy has improved because of a government reform program.

What is the economy in Bulgaria like as of 2010?

Economy is shrinked a little because of the Economic recession worldwide

How is Bulgaria doing economically?

Bulgaria's economy is collapsing. It's one of the poorest countries in Europe ( Such as Serbia, Albania, Montenegro )

What kind of economy is Bulgaria traditional command or free enterprise?

Free enterpreunership

How was Bulgaria punished after WW1?

couldn't recover its lost lands. economy went down.sufferings started

What type of leader does Bulgaria have?

Parliamentary leaders

Are Bulgaria and Germany allies?

No 'bilateral type of allies'. Both Bulgaria and Germany are members of the NATO. That is their ally

What type of vegetation is in Bulgaria?

many. of vegetable to cereals

Why is Bulgaria so good?

at what? (economy, living standards, good looking, sports etc etc.) please specify!

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