Capitalist economic system is the feature of which of these countries?

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AUSA

BChina

CRussia

DIndia

Answer:

USA has a capitalist system followed in its economy. The prices are controlled by the market forces of demand and supply.

Related Questions:

In a socialist system, what role does the government typically play in the allocation of resources?

Direct central planning of all economic activities
Facilitating and regulating markets while maintaining public ownership of key industries
Complete laissez-faire approach with no government intervention
Resource Redistribution

What are the problems faced by the socialist economy?.List out from the following:

i.The public sector's investment potential is less and this affects economic growth adversely.

ii.In the absence of private ownership of wealth and transfer of wealth to the legal heir, people are less likely to work hard.

iii.Moreover, the consumers have only a limited choice of products.