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Lizzie Mcguzzie

Panama??????

does anyone know the economy (socialism, capitalism, or communisum) for panama thanks for the big help!

    



Show all answers


bonitaisabel19
Rating
Capitalist - While Panama’s neighbors in South and Central America battled to survive on-going crises during the past decade, the economy of Panama had sustained a relatively continuous growth, showing a performance higher than many other Latin American countries. Nevertheless, the global recession, combined with the tragic events of September 11th, have put some stress on the country’s economy. According to government officials, Panama’s gross domestic product per capita is one of the highest in the region with an estimated US$3,663 in 2001, though it reflects a general trend in the metropolitan area of Panama City and Colon where 75% of all economic activity is concentrated. Inequalities in income distribution remain a problem in rural areas.


czgirl4evr
Panama's economy is mainly based toward banking, commerce, tourism, and private industries mostly because of its geographic location.


This my help you also:

http://www.heritage.org/index/country.cfm?id=Panama

https://www.cia.gov/library/publications/the-world-factbook/geos/pm.html


wcruzq
Trust me....it's pure capitalism!!


TravelAngel
Rating
Panama is a capitilist country and currently with one of the best economies in latin america.


Jakey
they rack up some mulah with that canal I hear


God Bless America!~
Panama is a capitilist country and currently with one of the best economies in latin america.


soar_2307
Rating
Trust me....it's pure capitalism.


cng4000
Panama is a capitilist country and currently with one of the best economies in latin america.



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