Traditional Culture Encyclopedia - Traditional festivals - Similarities and differences between American and Indian economies
Similarities and differences between American and Indian economies
The United States is a purely liberal capitalist market economy country, which only imposes necessary legal constraints on the economic system.
India is the so-called middle road route, on the one hand, it retains the liberalism of western capitalism.
On the one hand, India has absorbed the socialist planned economic system, and is also one of the few countries in the world that are still implementing the five-year plan.
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