The type of economy usually matches the type of government. For example, a democratic country will usually have a capitalist (or free market-based) economy while a non-democratic country will usually have a socialist economy. The more freedom there is in the government usually brings about more freedom in the economy. However, I would say that the type of government affects the economy and not vice versa. Of course, if the economy completely crashed, it could cause a democratic country to become non-democratic. People tend to vote for radical decisions during crises.
Command Economy
No, it is a type of government
It would have been more apt, if it is reworded as How does the government regulation affect market economy. In a controlled economy, government decides what its economy should be and hence has no relevance.In a market economy, the fundamental aspect of Choice and freedom... This enables production as per market demand and also creation of new markets for products. Government regulations affect the choice and freedom and hence may affect the market dynamics and economy.
When inflation increase
command economy
Command Economy
No, it is a type of government
It would have been more apt, if it is reworded as How does the government regulation affect market economy. In a controlled economy, government decides what its economy should be and hence has no relevance.In a market economy, the fundamental aspect of Choice and freedom... This enables production as per market demand and also creation of new markets for products. Government regulations affect the choice and freedom and hence may affect the market dynamics and economy.
It made the economy bad
When inflation increase
It is supposed to be a free market economy.
command economy
command
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
A decade of republican government put the economy in debt. During Reagan's time the money was spend on defense spending.
Fiscal policy
well the economy gets money....so its good for them because the government pays them for the damages a tornado does.