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Yes Libya has a Command Economy
Wiki User
∙ 11y ago
Wiki User
∙ 11y agoNo, I think it has a Free Market Economy but not sure.
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List the three countries that have command economy?
There are six countries with a command economy: Belarus Cuba Libya Myanmar North Korea Saudi Arabia
What countries practice command economy?
Cuba Iran Libya Myanmar North Korea Saudi Arabia
What economic system does Libya use?
Libya has a command economy. Also known as controlled or planned economy. This is where a government retains the power to decide how the nations economic resources should be allocated. It has complete control over how theses resources are used.
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.
The history of command economy?
what is the history behind command economy
List the three countries that have command economy?
There are six countries with a command economy: Belarus Cuba Libya Myanmar North Korea Saudi Arabia
What countries practice command economy?
Cuba Iran Libya Myanmar North Korea Saudi Arabia
What economic system does Libya use?
Libya has a command economy. Also known as controlled or planned economy. This is where a government retains the power to decide how the nations economic resources should be allocated. It has complete control over how theses resources are used.
What are examples of command economy?
Libya North Korea Cuba Saudi Arabia Mynamar
Who is the Minister of Economy for Libya?
Mustafa Muhammad Al-Sadiq Abu-Funas is the Minister of Economy for Libya.
What is the best way to improve Libya's economy?
The best way to improve Libya's economy is to destroy the capitalism.
What economy is similar to command economy?
A command economy is the same as a socialst or communist economy.
Is the economy bad in Libya?
yes
What is econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the 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.
The history of command economy?
what is the history behind command economy
What is a command economy system?
Command Economy is an example of Dictatorship.
