Question

list out two examples each for
~ capitalism
~ Socialism
~ Mixed economy



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Answer 1

Answer:

1.In a capitalist country, the focus is on profits over anything else; in a socialist country, the public is seen to be more important, and social welfare is a major priority. The United States, the U.K., and Germany are examples of modern capitalist countries.

2.Singapore is a great example of capitalism. It has low taxes and freedom for businesses to operate and trade internationally.

3.A mixed economy consists of both private and government/state-owned entities that share control of owning, making, selling, and exchanging good in the country. Two examples of mixed economies are the U.S. and France. A mixed economy monitors the power of monopolies.

Explanation:

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