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Till 1989 (like other communist party ruled socialist countries of Europe) Bulgaria followed Marxist-Leninist model of State owned and regulated economy and there was no free and market economy.

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13y ago
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13y ago

Democratic parliamentary republic. Hope this answers your question.

Actually, that's their political system. Their economy is a free market economy.

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6y ago

market oriented capitalistic economy

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6y ago

Market oriented

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Q: What is the type of economy of Bulgaria?
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Related questions

What type of economy does Bulgaria have and what effects it's economy?

I think it's "market"...


What best describes Bulgaria's economy?

The economy has improved because of a government reform program. A+


What are challenges for Bulgaria's economy?

to compete with EU and its neigbours


Which of these statements best describes Bulgaria's economy?

The economy has improved because of a government reform program.


What is the economy in Bulgaria like as of 2010?

Economy is shrinked a little because of the Economic recession worldwide


How is Bulgaria doing economically?

Bulgaria's economy is collapsing. It's one of the poorest countries in Europe ( Such as Serbia, Albania, Montenegro )


What kind of economy is Bulgaria traditional command or free enterprise?

Free enterpreunership


What type of leader does Bulgaria have?

Parliamentary leaders


How was Bulgaria punished after WW1?

couldn't recover its lost lands. economy went down.sufferings started


Are Bulgaria and Germany allies?

No 'bilateral type of allies'. Both Bulgaria and Germany are members of the NATO. That is their ally


What type of vegetation is in Bulgaria?

many. of vegetable to cereals


What does type of economy does turkey have?

It has a market economy. BUT IT WAS a command economy