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 »

The country of Germany operates under a "soziale Marktwirtschaft," which translates into English as a social market economy. The system was adopted after World War II and reflects the principles of a free enterprise mark... More »

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 »

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 »

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 »

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 »

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 »