My friend said that the only 2 major capitalistic countries are south korea and america, I'm interested as to if that's true.
2007-02-11 15:07:13 · 3 answers · asked by Anonymous in Social Science ➔ Economics
It's mixed -- I'd say definitely capitalist but with significant socialist tendencies. But it does after all have one of the world's great stock exchanges, London is a great center of (private) finance, companies in UK can go public and acquire capital, and individuals can own property and start their own businesses -- so let's not go overboard here.
2007-02-11 16:37:50 · answer #1 · answered by KevinStud99 6 · 0⤊ 0⤋
UK is more socialist, due to their concepts of their government taking care of so many social issues, the more capitalistic of a country has also proven for a more successful of an economy all around.
2007-02-11 15:11:39 · answer #2 · answered by Anonymous · 0⤊ 0⤋
The UK is damned near communist|
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2007-02-11 19:43:23 · answer #3 · answered by Catholic Philosopher 6 · 0⤊ 1⤋