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By adopting the Free Market Economy, and having strong institutions, USA has become a global super power. Similarly after adopting some of the fundamentals of
By adopting the Free Market Economy, and having strong institutions, USA has become a global super power. Similarly after adopting some of the fundamentals of free market economy China has taken 900 million people out of poverty, though it still has more of a controlled / planned economy. The Scandinavian countries have a balanced system with extensive government welfare programs and well-functioning markets. Which kind of economic system is suitable for Pakistan and why?
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