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china is centrally planned economy its means that all the things in china are occupies by china government. they will decide what to produce, where to produce, how to produce it also decides that in which quantity they has to produce the thing.
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∙ 11y ago
Wiki User
∙ 10y agosweg
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Is mixed economy more reliable than planned economy?
yes mixed economy is more reliable in a mixed economy we get both the public as well as private players.on the other hand planned economy doesn't allow such freedom.mixed economy private companies are under restrictions of the government and there working is on check.
What is an example of mixed market economy?
Canada mixed Russia Planned USA market
What is one economy type?
There are 3 types. Market economy, Planned economy and Mixed economy (most common).
What economic system does Burma have?
Burma has a part command or planned economy and part mixed economy
Is a mixed economy the same as a market economy?
No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.
Is mixed economy more reliable than planned economy?
yes mixed economy is more reliable in a mixed economy we get both the public as well as private players.on the other hand planned economy doesn't allow such freedom.mixed economy private companies are under restrictions of the government and there working is on check.
Why does Spain have a mixed economy?
both the government and the public control the economy, were as Russia is a planned economy because everything is planned and the government has full control
What is an example of mixed market economy?
Canada mixed Russia Planned USA market
What is one economy type?
There are 3 types. Market economy, Planned economy and Mixed economy (most common).
Why does North Korea have a mixed economy?
North Korea does not have a mixed economy. It has a command economy or centrally planned economy because the government controls everything in north Korea.
What is the mixed econmomy in Russia?
This was suggested and started by Stalin. And it is still continuing. And today's countries like Austraila, New zealand and candada have mixed economy. Mixed economy is when market economy + planned economy.
What economic system does Burma have?
Burma has a part command or planned economy and part mixed economy
Is a mixed economy the same as a market economy?
No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.
Is China mixed economy?
Yes, China has a mixed economy. If you don't know, this means that its economy consists of a combination of a market economy, in which there is free exchange of goods in a private market, and a planned economy that is totally controlled by a governmental entity.
IS INDIA a free economy planned economy or mixed economy?
India has a mixed economy in that there is private property and companies that produce products for the benefit of profit. There are many business regulations in India, this combined with the above places India as a mixed economy country.
Is traditional economy same with mixed economy?
yes
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
