0
The type of government determines how a government becomes centrally planned.
What else can I help you with?
How is a government involved in 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.
How does a government get involved in a centrally planned?
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.
How is the government involved in a planned economy?
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.
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 role of government in a centrally planned economy?
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.
What factors and resources does the government own in a centrally planned economy?
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
What is the governments role in a centrally planned economy?
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.
Who answers the key economic in a centrally planned economy?
the government
Who owns the land and the capital in a centrally planned economy?
the state or government
Who owns the land and the capital in the centrally planned economy?
the state or government
Who answers the key economic questions in a centrally planned economy.?
the government
Who decides where people will work in a centrally planned economy?
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.
