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In a command economy what does the government not do?
The government does not decide what goods consumers buy in a command economy.
What type of economy is controlled by the government?
Command Economy
Which of the following describes a drawback of a command economy compared to a free market economy?
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
How does a command economy answer the question of what to produce?
A command economy answers the question of what to produce through the government. It is the role of the government to make key critical decisions in the economy.
Does Thailand have a command economy?
No Thailand does not have a command economy. In a command economy, the government controls what goods are produced, how much they are produced, and what they cost. This type of economy often is found in a country that is run by a dictatorship. Thailand is a mixed economy. The government makes some decisions about and the government makes others.
What is econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
What is Vietnams econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
In a command economy what does the government not do?
The government does not decide what goods consumers buy in a command economy.
What type of government uses command economy?
command
What type of economy is controlled by the government?
Command Economy
Which of the following describes a drawback of a command economy compared to a free market economy?
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
How does a command economy answer the question of what to produce?
A command economy answers the question of what to produce through the government. It is the role of the government to make key critical decisions in the economy.
Does Thailand have a command economy?
No Thailand does not have a command economy. In a command economy, the government controls what goods are produced, how much they are produced, and what they cost. This type of economy often is found in a country that is run by a dictatorship. Thailand is a mixed economy. The government makes some decisions about and the government makes others.
What country has a mixed command economy?
Mongolia has a mixed government
Is Haiti a free market economy or a command economy?
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
When prices and the quantity of goods produced are controlled by the government as in Cuba it's called a blank?
command
What is an economy controlled by the government?
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
