A government is involved in central planning because most governments are the center of social and legal planning for the countries they represent. The United States is an example of a government that centrally plans many aspects of the country.
The type of government determines how a government becomes centrally planned.
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.
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 government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
the state or government
The type of government determines how a government becomes centrally planned.
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.
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 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.
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
the government
the state or government
the government
the state or government
I don't quite understand your question, isn't the definition of a centrally-planned economy one in which the government plans the economy? I imagine that in most centrally planned economic schemes the government would either determine the prices or set a cap for essential goods.