what type of economic system does ecuador have?

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what type of economic system does ecuador have?

command? capitalist? traditional? mized?

2006-11-26 09:31:20 · 2 answers · asked by haley b 1 in Social Science ➔ Economics

2 answers

Mixed, but more capitalist than command. Alvaro Noboa is the wealthiest man in Ecuador and has been running for president since 1998. Only in a capitalist country can having a lot of wealth give you so many political options. It's not purely capitalist because few, if any, countries are.

2006-11-27 06:42:54 · answer #1 · answered by cyu 5 · 0⤊ 0⤋

Ecuador Economic System

2017-03-01 08:36:59 · answer #2 · answered by ? 4 · 0⤊ 0⤋