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The federal government constitutes approximately what percentage of the US economy?
Wiki User
∙ 11y ago
one half
Wiki User
∙ 11y ago
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When was the federal government spending largest as a percentage of the economy?
1940
What constitutes the informal sector?
What constitutes an informal sector is the fact that this part of an economy is not taxed. This means that jobs in this portion of the economy are not considered standard or regular and require no taxation.
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.
What is Vietnams econony?
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What is an economy controlled by the government?
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
How is the government involved in a planned economy?
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
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because they have the desire to stimulate the growth of the economy and job percentage in the country
Is it a free market economy or a government controlled economy in haiti?
It is a controlled by the government
What percent of making goods does Mexico have?
The percentage dedicated to industrial activities adds up to 32.6% of Mexico's economy. This equaled approximately US$510.84 billion during 2010.
Whats called when the government controls the entire economy?
When the government controls the entire economy, it is called a centrally planned economy.
What political system calls for government of the economy?
Communism is the political system that called for government control of the economy.
What is the role of government in a centrally planned economy?
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
