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Command Economy & MARKET ECONOMY

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Q: What type of Economy does Russia have currently?
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What is the type of economic of Russia?

Russia is a Developed Economy


Is Russia a comunism or capitalism economy?

currently russia is a semi capitalist socialist economy. the soviet union, which collapsed in 1991 was communist.


What type of economy did Russia start out as?

Like virtually all civilizations, Russia started out as an agriculturally based economy.


What type of economy Singapore currently have?

Singapore is a market based economy.


What type of economy does Israel have?

Israel currently has a market economy. It was previously a command ecomony.


Does Russia have a mixed economy?

yes russia has a mixed economy .(:


What type of economy did China have?

China was state capitalist, and is now a mixture of state and private capitalism.


What economic-system does Russia have?

The Russian economy is considered a high income economy by the world bank. The economy of Russia is considered the 8th largest economy in the world.


Why did Russia have a strong economy in 1945?

it had a strong economy


What was the overall impact of the New Economic Policy(NEP)?

It helped Russia's weak economy to recover


What type of economics does Russia have?

Russia is an industrialized Capitalist economy, with some state regulations, similar to most of Europe. The majority of business are in private hands. There are stock exchanges etc. But there is a strong control of business from outside the government. It is a mixed economy


Does russia have a freemarket economy?

yes Russia does have a free market economy after their new president got elected