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What is a government called that controls the economy and means of production to distribute wealth equally to all people?
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In a what does the government controls production?
Command economy
What is the form of government in which a single party controls the economy and production?
The form of government in which a single party controls the economy and production is communism.
Who controls the factors of production in a capitalist economy?
The capitalist class.
What is it it called when the government controls most production of goods?
command economy
Who owns and controls the factors of production in a mixed economy?
both the government and private sectors
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.
What is Vietnams econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
How do you define planned economy?
An economic system in which the government controls and regulates production, distribution, prices, etc.
In a command economy economic decisions are mostly influenced by?
Its the government because its the one that control all means of production.
Whats called when the government controls the entire economy?
When the government controls the entire economy, it is called a centrally planned economy.
How did the command economy under Stalin differ from a capatalist economy?
A command economy is a system where the government controls economic activity and the production and distribution of goods. In a capitalist economy, such things are determined by market forces.
What is the type of economy where government controls all industry and production?
State capitalism. In Socialism it is the people who control production and distribution, the aim of production being to meet human need.
