yes
Yes Libya has a Command Economy
The best way to improve Libya's economy is to destroy the capitalism.
Mustafa Muhammad Al-Sadiq Abu-Funas is the Minister of Economy for Libya.
it terrible
socialist The Libyan economy is controlled by the government.
Oil.Oil.Oil.Oil.Oil.Oil.Oil.Oil.Oil.Oil.Oil.
Oil.
the economy is a very bad system
bad things bad things my friend
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.
Colonialism devastated the Libyan economy and held it back for many years.
There are six countries with a command economy: Belarus Cuba Libya Myanmar North Korea Saudi Arabia