Frances Economy
A country may describe itself as having a market, command, or traditional economy when really they have a mix of all three. France is a good example of a country with all three of these economic systems. The government controls a lot of things about the economy. Many people also control parts of the economy. French people are also traditional in some of the ways that they run the economy. The French government has a major influence in the economy in France. The government retains considerable influence over key segments of the economy including the majority of the ownership of railways, electricity, aircraft, telecommunication firms, public transportation and the defense industry. This makes the French government like
There is also private ownership of business'. This would disproportionately benefit the rich and the leaders of France are dedicated to maintain equity. France also has its part of a traditional economic system. this resembles a market economy where there is private ownership of all the business'. This makes the government seem even more like a command system since under a command system everyone gets paid about the same amount of money and no one can get economically ahead of others. The government owns a lot of industries. These are four weeks that they could be working and making money but they don't because they take these long vacations every year. This shows the market side of Frances economy. France is also a very religious country so they celebrate a lot of Christian holidays. The government is slowly selling off holdings in France Telecom, in Air France, and in the insurance and, banking. Frances government is a mix of the three economic systems. The government also encourages economic equity by not cutting unemployment and retirement benefits which impose a heavy tax burden. This shows that France is part traditional economic system as well as command and market.
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