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