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What is the type of economy where government controls all industry and production?
Wiki User
∙ 14y ago
State capitalism. In Socialism it is the people who control production and distribution, the aim of production being to meet human need.
paulbenn
Wiki User
∙ 14y agosocialism
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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
What is an economy where government owns all production and industry?
Command Economy.
Who controls the factors of production in a market economy?
distribution and industry are Private_propertyOwnershipand operated for a private Profit_(economics)
Who owns and controls the factors of production in a mixed economy?
both the government and private sectors
Economy where government owns all industry and production?
Socialism
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.
