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What form of government is closest to a pure market economy?
capitalism
Are there any pure market or command economic systems today?
North Korea is a pure planned economy. Nothing goes through without the approval of a central authority, in this case, the Government. The closest thing you have nowadays to a pure market economy would be the USA. But the Government still sticks his hand out if some extra help is needed, so, definitely not pure.
Explain how most countries have a mixed economy located on a continuum between pure market and pure command?
g yudiosk
Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
How is a mixed economy is a mixture of command and pure market economy?
It’s called capitalism: class ownership, wages system, production for sale.
What is a pure command economy?
Its when you are in command to do something the gov. Tells you to.
What form of government is closest to a pure market economy?
capitalism
Is the South African economy classified as a command or market economy?
yes, South Africa is a Pure market economy
Are there any pure market or command economic systems today?
North Korea is a pure planned economy. Nothing goes through without the approval of a central authority, in this case, the Government. The closest thing you have nowadays to a pure market economy would be the USA. But the Government still sticks his hand out if some extra help is needed, so, definitely not pure.
Explain how most countries have a mixed economy located on a continuum between pure market and pure command?
g yudiosk
Explain how most countries have a mixed economy located on a continuum between pure and market and pure command?
g yudiosk
Which countries have a market economy?
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
How do most countries strike a balance between having a pure economy and a command economy?
Most Countries Have A Mixed Economy!!!:0 Oh Yeah We Ballin
How is a mixed economy is a mixture of command and pure market economy?
It’s called capitalism: class ownership, wages system, production for sale.
What economy is similar to command economy?
A command economy is the same as a socialst or communist economy.
Which countries have come the closest to having purely command economic systems?
North Korea, Vietnam, and portions of China are areas that come closest to having a purely command economic system. In a command economy, most economic decisions are made by the government rather than the free market.
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.
