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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
Explain stalins use of command economy in Russia?
its his command in economy
In what way did Russia benefit from being a planned economy?
By having a planned economy Russia is making good revenue in the world market. This policy helps the Russians also in having the better employment rates and the minimum wages can also be higher than in some other countries of the world. All the sectors in Russia are benefited with the planned economy.
Explain the four characteristics of a Planned market economy?
bro fr
What is an example of mixed market economy?
Canada mixed Russia Planned USA market
Can you name a country that has a planned economy?
North Korea is the most centrally planned economy in the world. Most others allow for *some* degree of private trade. Some other less centrally planned economies are: - China - Russia - Cuba
Explain how a government is involved in a centrally planned economy?
it controls all major sectors of the economy and formulates all decisions about their use and about the distribution of income
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 are some disadvantages of planned economy?
One disadvantage of the planned economy is that there is inefficient resource distribution.
How is the economy of totalitarian govern states?
It is a Planned Economy
Does Russia have a mixed economy?
yes russia has a mixed economy .(:
What was the name of the planned US invasion of Russia in the 1950s?
To my knowledge, There was never a planned invasion of Soviet Russia by the US.
