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Nigeria operates a mixed economic system that is a blend of socialism and capitalism. The various private freedoms are still government regulated and are included in centralized economic planning. More »

www.reference.com Government & Politics Foreign Laws

Economies worldwide fall into one of four categories: traditional, market, command and mixed. Within these categories, however, there is a considerable amount of variation. The type of economy that a market falls into de... More »

www.reference.com World View Social Sciences Economics

Traditional economic systems are economies based on dissemination of resources, products and goods based on rituals, routines and customs. Some nations have traditional economies, while traditional economies exist region... More »

www.reference.com World View Social Sciences Economics
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China's economic system is a blend of socialism and capitalism called a socialist market economy. Under this system, the state still owns the means of production, but the market portions out resources. More »

www.reference.com Government & Politics Foreign Laws

As of February 2015, the economic system of modern Egypt is based on free market capitalism. It is an important trading partner for many European and Middle Eastern countries. More »

www.reference.com World View Social Sciences Economics

The Encyclopaedia Britannica states that communism is an economic system in which private ownership of property and profit-based capitalism are replaced by public ownership and communal control of a society's natural res... More »

www.reference.com Government & Politics Types of Government

The British Empire used the system of indirect rule to govern northern Nigeria from 1899 to 1906. The system used native leaders who collected taxed for the British while continuing to rule their former lands. More »

www.reference.com Government & Politics Types of Government