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Capitalism
is the world”s greatest economic success story. It is the most effective way to provide the needs of people and foster the democratic and moral values of a free societ
A Mixed economy
economic system blending elements of market economies with elements of planned economies, free markets with state interventionism, or private enterprise with public enterprise. .
A mixed economic system
a system that combines aspects of both capitalism and socialism. It protects private property and allows a level of economic freedom in the use of capital, but also allows for governments to interfere in economic activities in order to achieve social aims.
Free market economy
economic system in which decisions regarding investment, production and distribution are guided by the price signals created by the forces of supply and demand. The free market is an economic system based on supply and demand with little or no government control.
Command control
is a system controlled by the government.
