Three types of economic system
Capitalism economy:
The capitalism economiy is a system regulated by market rules. In this economy prevails the principie of "free initiative", the government intervenes only to protect the market.
Mixed economy:
In this economy there is private initiative and the government regular the economy collective needs.
Planned economy:
This system is regulated by government and in this economy there isn't private propriety and the market.
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Capitalism economy:
The capitalism economiy is a system regulated by market rules. In this economy prevails the principile of "free initiative", the government intervenes only to protect the market.
Mixed economy:
In this economy there is private initiative and the governmentregular regulates
the economy's collective needs.
Planned economy:
This system is regulated by government and in this economy there isn't private propriety and the market.
Those were your mistakes. Keep practicing!!
The capitalism economiy is a system regulated by market rules. In this economy prevails the principile of "free initiative", the government intervenes only to protect the market.
Mixed economy:
In this economy there is private initiative and the government
the economy's collective needs.
Planned economy:
This system is regulated by government and in this economy there isn't private propriety and the market.
Those were your mistakes. Keep practicing!!
0
Three types of economic system
Capitalist economy:The capitalist economy is a system regulated by market rules. In this economy the principle of "free initiative" prevails, the government intervenes only to protect the market.
Mixed economy:
In this economy there is private initiative and the government regulates the economy according to collective needs. I think this is what you meant. In the original sentence the meaning was not at all clear.
Planned economy:
This system is regulated by government and in this economy there isn't private propriety and or the market.
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