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