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Does Germany have a free market economy?

Updated: 8/22/2023

Wiki User

∙ 10y ago

Best Answer

Germany has a free market economy to a great extent. The country has a social market which operates on the principles of a free market economy.

Wiki User

∙ 10y ago

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Wiki User

∙ 17y ago

Yes. Germany is a mixed economy.

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Wiki User

∙ 15y ago

Is Germany a command economy?

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Wiki User

∙ 13y ago

I'd say it is Mixed.

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Continue Learning about Economics

Does Germany have a command economy or free market economy?

Neither: it is capitalist with state interference.

What are the merits and demerits of free market economy?

what are the merits and demerits of free market economy

What is the opposite of free market?

A free market economy

What are the components of a free market economy?

A free market economy is a market based one. The prices of goods and services are determined independently in a free market.

Is Egypt a market economy?

Egypt is a free market economy.

Related questions

Does Germany have a command economy or free market economy?

Neither: it is capitalist with state interference.

What is Germany's economy?

Germany's economy is market economy

What is canadas economy based on?

A free market economy

Why did the economy do better in the West Germany than in east Germany?

Because West Germany was based on free market capitalism while East Germany was based on Socialism

What are the merits and demerits of free market economy?

what are the merits and demerits of free market economy

What is Germany's type of economy?

They have a Social Market economy.

What is the opposite of free market?

A free market economy

What are the components of a free market economy?

A free market economy is a market based one. The prices of goods and services are determined independently in a free market.

Is Egypt a market economy?

Egypt is a free market economy.

Does Singapore have a command or free market economy?

A market economy

What kind of economy does Hong Kong have?

a free economy with few goverment regulations

What kind if market does Germany have?

social market economy

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