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y2k8

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  1. I realize that this subject was abandoned in 2010; however, I googled the question and this site was #1. When analyzing economic structure in a country you can't ignore that the government controls where the nation is heading to a great degree through social programs etc. Merriam Webster online states that socialism is a transition state between capitalism and communism and as such is a gray area(if you will) with white being capitalism and black being communism. Things are seldom black or white and the same is true of most nations economics, but many countries are to some degree (a shade of gray) socialist.
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