Is Norway a command or market economy?
It is a mixed economy
how does a command economy differ from a market economy
No, it is a market economy. The former USSR is an example of a command economy (as well as Cuba, North Korea, and Vietnam) Actually, the U.S. is a mix between a market economy and a command economy. It is more of a market than a command but it is not completely either one.
The central administration is usually responsible for the command economy and the market economy. The command economy is usually a centrally planned economy whereby the prices and supply are regulated by the government other than the market forces.
It is a market economy.
It has a market economy
a market economy
A market economy is an economy for markets.
Australia has a mix economy because its in between a market and a command economy.
When an economy is partly command and partly market, is called a mixed economy.
A traditional and command economy adapt slowly, a market economy adapts fast.
Brazil is a market economy
Belgium has a market economy.
A market economy
It has market economy
China is an odd character when it comes to the economy. China has a state-directed, right-wing economic and political apparatus. This means that there are elements of a planned economy (a command economy) and elements of capitalism (a market economy). What generally happens is that industries in China are required to sell to the Chinese government a golden company share, which means that the government can override decisions of the company leaders and often uses… Read More
Free Market Economy
it is a command economy da
Some countries that have a command market economy include China, Saudi Arabia, and Syria. Venezuela and Laos also have command market economies.
Germany has a free market economy.
Australia has a free market economy.
It is a market economy.
A market economy is a free price system set by supply and demand, a command economy is controlled by a central administration
Went from a command economy to a free market economy almost as if it was democracy
The USSR had a command economy, Russia today has a free market economy.
Market economy is where decisions about market activities are made up by individuals rather than government. Command economy is for where decisions about market activities are made up by centrally planned government.
No, a command economy is where the central govt. controls everything. A market economy is where the govt. trades, buys, and sells products from different countries.
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
It has a market economy. BUT IT WAS a command economy
Opposite of Market Economy
Market Economy, Command Economy, Mixed Economy, Traditional Economy
No, Taiwan does not have a command economy; it has a market economy. As of 2014, it is ranked as the 17th-freest economy in the world.
Nations are moving towards a market economy and away from the command economy because the market economy is more efficient and makes more people happy. A market economy has more protections in place for consumers.
As of 2014, Brazil does not have a command economy, but rather a mostly free market economy. North Korea is an example of a country with a command economy.
It was a command but now it is slowly moving to be a market.
No Pakistan has a market economy
It has a mixed economy.
Albania has a market economy.
No, it has a market economy.
It doesn't. Russia has market economy. Though the Soviet Union indeed had a command economy.
Almost every country has a market economy; North Korea still has a command economy. WRONG^^ U.S. is rumored to be a market economy, but there are not pure market economy.
It has a mixed economy that leans towards free market.
17. Conduct research to find examples of countries that have changed from a command economy to a market economy. What kind of changes did the country need to make?
Command Economy & MARKET ECONOMY