Much of the nation's land, factories, and businesses are privately owned.
Government owns the nations oil industry
Member of NAFTA
What to produce?
65% Free 35% controlled
33% Free 67% controlled
Very few private businesses
For whom to produce?
47% Government Control 53% free market
Communist Country
Economy is planned the government decided what is produced and how much
Largest Economy in Latin America
Government is turning more control over to the people of Brazil.
How to produce?
Most free of the three economies
government regulations on business are large.
Government owns most of the nations factories, land, and natural resources.
