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government ownership and control, equality (collective)
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∙ 11y ago
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What economic characteristics does a centrally planned economy oppose that a market economy encourages?
Hhi
Is Italy centrally planned?
No. Since its creation in 1946, the Italian Republic has never had a centrally planned 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.
Is ireland's economy centrally planned?
ummm
What is centrally planned democratic free economy?
A centrally planned democratic free economy is one whereby the budget making process involves everyone.
What economic characteristics does a centrally planned economy oppose that a market economy encourages?
Hhi
What are characteristics of a socialist economy?
It is 1) Nationalism, 2) Public welfare, 3)Taxation and 4) Centrally planned economy
How is a government involved in a centrally planned economy?
In a centrally planned economy, the central government decide which part of the country to allocate cash and which one not to.
Is Italy centrally planned?
No. Since its creation in 1946, the Italian Republic has never had a centrally planned economy.
What is the governments role 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.
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.
Is ireland's economy centrally planned?
ummm
What is centrally planned democratic free economy?
A centrally planned democratic free economy is one whereby the budget making process involves everyone.
Why do centrally planned economies tend not to be efficient?
What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
Which country has most extreme example of a centrally planned economy?
the most extreme example of a centrally planned economy are china,hongkong,cua and north korea
What is the economic system that relies on habit custom or ritual to decide questions of consumption and production of goods and services?
a centrally planned economy
20 disadvantages of centrally planned economy?
i dnt no
