it controls all major sectors of the economy and formulates all decisions about their use and about the distribution of income
In a centrally planned economy, the central government decide which part of the country to allocate cash and which one not to.
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
When the government controls the entire economy, it is called a centrally planned economy.
In a centrally planned economy, the central government decide which part of the country to allocate cash and which one not to.
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
Centrally Planned Economy
When the government controls the entire economy, it is called a centrally planned economy.
the government
china's economy is a centrally planned economy with a high level of government control
the state or government
the state or government