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What countries have a controlled economy?
If you are talking about countries, then there are lots of countries that have a controlled economic system, such as Venezuela, China, and Russia. Some economies have more government control than other and none are completely government controlled, except N. Korea perhaps.
Are people educated in North Korea?
Yes, but the education is strictly controlled by the government
Centralized economic system?
In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.
What was the common in eastern bloc nations?
Controlled economies were common in eastern bloc countries.
What was common in the eastern bloc?
controlled economies
What was common in eastern bloc national?
controlled economies
What countries have controlled economy?
Cuba, China, and North Korea are all countries with controlled economies.
How does an economy play a large role in the form of government a nation in use?
Economies can be completely controlled to entirely benefit the government, such as communism or dictatorships. Or the economy can be free will, like capitalism, which will prosper the people and businesses
What is a control economy?
Economy in which much of the activity is controlled by government policy rather than by the dictates of markets. Examples are socialist and communist economies.
What do command economies emphasize?
Command economies emphasize government allocation of production.
What are the different types of market that exists now?
right there are market, planned, and mixed economies. the free market economy focuses on little to no government intervention whereas the planned economy is focused on central planning and full government controll. however it is said that no economy in the world is strictly market or planned, in fact all economies are to some extent mixed
What are the economies of Peru and Ecuador are controlled by?
a minority of people of European descent
