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State capitalism. Not Communism, which has no government and no wages system.

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paulbenn

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2y ago
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11y ago

This is called a command economy, and is very characteristic of communist governments.

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12y ago

planned economy

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Q: The economic system in which the government is in almost complete control of the economic activity is called?
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In a global economy governments have less control over economic activity?

yes in a global economy government has less control over economic activity


"Five-year plans"?

Stalin's plans to make Russia into an industrial leader through complete government control of all economic activity


Soviet leader who brought all economic activity under government control?

joseph stalin


Who was the soviet leader who brought all economic activity under government control?

joseph stalin


What economic system does the government have complete control over manufacturing and production?

That would be COMMUNISM.


The federal government uses government spending and tax rates to help control recessions and encourage economic activity. This is called?

fiscal policy


The federal government uses government spending and tax rates to help control recessions and encourage economic activity this is called?

fiscal policy


What does Congress create to control economic activity?

The Federal Reserve


What is interventionism?

; The policy or practice of intervening, especially: # The policy of intervening in the affairs of another sovereign state. # The use of government power to control or influence domestic economic activity.


Who was the leader with complete control over the government in world war 2?

Which government are you talking about? Adolf Hitler had complete control over Germany and Benito Mussolini had complete control over Italy.


What is centralized planning?

Centralized planning refers to when the guidance of the economy by direct government control over a large portion of economic activity. This would contrast with allowing the market to do the same thing.


Government ensures a what system to control money?

It has an economic system