Question by Madelyn: What type of economic system is utilized in Brazil, Poland, India and Russia?
Im doing a project for my economics class and i haven’t gotten to the lesson on economic systems lol.
Everywhere i search i see different responses so i was wondering if you would help.
What type of economic system is utilized in Brazil, Poland, India and Russia?
Answers and Views:
Answer by thomas p
A mixed capital market and government controlled economic system. It is a matter of degree among the four nations with Russia being the one economy that it leader, Putin, wants to return to a government controlled economy with Putin in charge. India loves a top heavy bureaucratic approach to a free market. Brazil is leaning to more control by the politicians; but, at this time remains a market base economy, more or less. Poland is probably the most democratic and market based of the four economic systems.
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