Why Is America So Rich?

Nigeria practices the mixed economy: Government also regulates the free market. Well, its 2018 and we down in Nigeria, are learning to look away from government. and try the american system. But the economic system is so poor that there is a huge turnover of small businesses each year.

Thus the mixed system so far is the acceptable approach here in Nigeria.

But gradually, we will shift toward the free market when the ecnomy is open and government is given less control over critical resources. Lets start with OIL.