Nearly all modern economies in the world today have characteristics of both market and command economic systems. That is why they are called mixed economies. Traditional economies are very hard to find and could not function effectively for a whole nation. Nearly all the countries in Southwest Asia today would best be described as mixed economies, as they have the characteristics of a free market and free enterprise as well as some government planning and control.
Most Countries Have A Mixed Economy!!!:0
Oh Yeah We Ballin
A Mixed Economy!;0
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
Three countries with a command economy are, North Korea, Vietnam, and Cuba.
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
Most economies in the world today operate between a market economy and a command economy because,clinging to command economy in the present world economic scenario will make you live like a frog in the well. The inherent benefits of a market economy are you allow the domestic industries to stand on their own foot, licence raj is abolished. The benefits of price reduction as per world market rates can be offered for the welfare of the country men. Those who are not willing to totally switch over to market economy, operate somewhere between the two.
There are six countries with a command economy: Belarus Cuba Libya Myanmar North Korea Saudi Arabia
Most Countries Have A Mixed Economy!!!:0 Oh Yeah We Ballin
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
Three countries with a command economy are, North Korea, Vietnam, and Cuba.
Democratic countries usually have a mixed economy, somewhere between capitalism and a free market economy.
Most economies in the world today operate between a market economy and a command economy because,clinging to command economy in the present world economic scenario will make you live like a frog in the well. The inherent benefits of a market economy are you allow the domestic industries to stand on their own foot, licence raj is abolished. The benefits of price reduction as per world market rates can be offered for the welfare of the country men. Those who are not willing to totally switch over to market economy, operate somewhere between the two.
command
There are six countries with a command economy: Belarus Cuba Libya Myanmar North Korea Saudi Arabia
Most economies in the world today operate between a market economy and a command economy because,clinging to command economy in the present world economic scenario will make you live like a frog in the well. The inherent benefits of a market economy are you allow the domestic industries to stand on their own foot, licence raj is abolished. The benefits of price reduction as per world market rates can be offered for the welfare of the country men. Those who are not willing to totally switch over to market economy, operate somewhere between the two.
Yes
No, the US has a market economy a result of its capitalist policies, command economies can be found in communist countries.
Most economies in the world today operate between a market economy and a command economy because,clinging to command economy in the present world economic scenario will make you live like a frog in the well. The inherent benefits of a market economy are you allow the domestic industries to stand on their own foot, licence raj is abolished. The benefits of price reduction as per world market rates can be offered for the welfare of the country men. Those who are not willing to totally switch over to market economy, operate somewhere between the two.
No, a command economy is where the central govt. controls everything. A market economy is where the govt. trades, buys, and sells products from different countries.