What form of economy does the netherlands have?
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Asked By: Ethan Torphy
Date created: Thu, Apr 15, 2021 11:18 PM
Date updated: Sat, Jun 25, 2022 10:59 AM
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Top best answers to the question «What form of economy does the netherlands have»
- The Netherlands economic structure runs on the principles of an open economy. The Netherlands is a prosperous economy that depends on foreign trade. Netherlands’ economic structure features a stable industry sector, low inflation and unemployment rate and an impressive current account surplus.
- Economy - overview: The Netherlands, the sixth-largest economy in the European Union, plays an important role as a European transportation hub, with a persistently high trade surplus, stable industrial relations, and low unemployment. Industry focuses on food processing, chemicals, petroleum refining, and electrical machinery.
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1 other answer
I actually don't think the Netherlands falls into any type of usual economy such as a Mixed Economy. They made up their own type of economy that is not usual.
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