Economy, asked by vaishnavireddy4455, 8 months ago

capitalist economy in Hong Kong in terms of policies

Answers

Answered by Anonymous
2

Answer:

Throughout most of its history, Hong Kong has had no tariffs or other restraints on international trade. It has had virtually no government direction of economic activity, no minimum wage laws, no fixing of prices, and no capital gains taxes. ... As a result of these laissez-faire policies, Hong Kong has flourished.

Hope it helps you.....

Answered by mydollychinni
0

Answer:

Explanation:Throughout most of its history, Hong Kong has had no tariffs or other restraints on international trade. It has had virtually no government direction of economic activity, no minimum wage laws, no fixing of prices, and no capital gains taxes. ... As a result of these laissez-faire policies, Hong Kong has flourished.

Hope it helps you.....✔✔✔

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