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What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
What do you call an economy that is both partly command and market?
When an economy is partly command and partly market, is called a mixed economy.
Does Serbia have a traditional command or market economy?
It has market economy
Does Singapore have a command or free market economy?
A market economy
Is Haiti a free market economy or a command economy?
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
Does Australia have a traditional command free market or mixed economy?
The free-market system is free from government intrusion and is where the people can freely change prices and products for the public. The command economy doesn’t provide freedom to its people, and the mixed economy has both government and public input. Therefore, we can come to the conclusion that Australia has a mixed economy.
What are the three types of economy?
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
Is Bahrains economy command or market?
a market economy
Is Greece market or command economy?
Market economy
What do you call an economy that is both partly command and market?
When an economy is partly command and partly market, is called a mixed economy.
Is turkey a market economy or command economy?
mixed market
Does Serbia have a traditional command or market economy?
It has market economy
Does Singapore have a command or free market economy?
A market economy
Does Belgium have a command or market economy?
Belgium has a market economy.
Is Haiti a free market economy or a command economy?
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
What is an economy that is both partly command and partly market?
When an economy is partly command and partly market, is called a mixed economy.
What kind of economy is Mongolia command or market?
it is a command economy da
