There
are various
forms of government restrictions and regulations in economies. For example, Turkey and Norway
both limit profits of firms, the latter also controls prices and wages; in Bolivia the tin mines are nationalized; in China communes are established; in Cuba the government owns many industries and
firms; and in Britain
eight basic industries are nationalized. A free market economy is rare in the
world. The level of economy regulation is different in different countries. In
some countries it has grown in recent years, in others more freedom has been
granted to firms and individuals. But the general tendency is to keep
government regulation at quite a high level.