Economy and politics

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Since: Jul 13

Siddhipur-5, Lalitpur, Nepal

#1 Jul 6, 2013
Economy can be categorized into capitalist, socialist and mixed. These economies are being practised in different countries which follow different political principles. Normally, the world is divided into the capitalist and the communist countries. Different political principles have clearly distinct economic policies which affect industry and monetary systems. Communist countries operate a socialist economy. And non-communist countries implement either capitalist or mixed economy.

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