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Is the US a capitalist or socialist country?

Updated: 8/22/2023

Wiki User

∙ 9y ago

Best Answer

Capitalist: production for sale, wages system, minority ownership of the means of production, class division. Socialism has none of these, and there cannot be a mix of capitalism and Socialism.

paulbenn ∙

Lvl 13

∙ 2y ago

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Wiki User

∙ 8y ago

The United States is primarily capitalist, but there are some socialist aspects to the US economy.

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Wiki User

∙ 11y ago

The U.S. is capitalist.

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Continue Learning about Economics

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No, Brazil is a capitalist country.

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Based on their existing laws and government policies Philippines is a true socialist country but pretending to be a capitalist nation when dealing with the outside world.

Was John Locke a capitalist or a socialist?

He was a capitalist. Karl Marx was the socialist

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