Italy's economy may have strong government regulation, but it is first and foremost a MARKET ECONOMY because firms choose their own levels of production, not the Italian government (which would be the case in a command economy).
Command economy, market economy, and traditional economy. The United States of America is a Market economy.
a market economy
Market economy
When an economy is partly command and partly market, is called a mixed economy.
mixed market
It has market economy
A market economy
Belgium has a market 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.
When an economy is partly command and partly market, is called a mixed economy.
it is a command economy da
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.