Explore Westonci.ca, the top Q&A platform where your questions are answered by professionals and enthusiasts alike. Get quick and reliable solutions to your questions from a community of experienced professionals on our platform. Explore comprehensive solutions to your questions from knowledgeable professionals across various fields on our platform.

Analyse how the level of government intervention varies according to the type of
economic system countries operate.

Sagot :

Answer:

Answer: In a capitalist economy, the government acts as a regulatory and complementary body. On the other hand, in a socialist economy, the government plays a comprehensive role in almost all economic activities, such as production, distribution, and consumption, of a nation.