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Five-Year Plans in the Soviet Union
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Earn +20 ptsQ: Which is the best example of an element of a command economy?
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Continue Learning about Economics
What is the best example of a mixed economy?
the best example of a MIXED ECONOMY is the market economy and a command economy
What is the economy of North Korea would best be classified as...?
A command economy.
What type of economy best fits this description The basic economic questions are answered by a group of government planners.?
Command Economy. An example would be North Korea.
What is an example of market economy that you use?
Now a days China is the big and best example of market economy that we are used.
Is China part of the command economy?
AnswerChina is no longer a command economy in that it has switched to market economic strategies in several of its sectors. Due to this, China is now a mixed economy.However, Saudi Arabia and Vietnam are some examples of a command economy. has also changed back in 2000
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