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What else can I help you with?
What countries have a command economic system?
Some countries that have a command market economy include China, Saudi Arabia, and Syria. Venezuela and Laos also have command market economies.
What are the different economic system?
traditional economic system command economic system market economic system
Which two countries come the closest to having a purely command economic system?
North Korea, Vietnam, and portions of China are areas that come closest to having a purely command economic system. In a command economy, most economic decisions are made by the government rather than the free market.
What are the three different economic system?
traditional economic system command economic system market economic system
Economic system of east Asia?
The Primary economic system of east Asia is Democracy because they have this in most of the countries that dwell there. But in China they have a dictatorship economic system. REPLY: Democracy isn't an economic system its a type of government and when you said China has a dictatorship economic system, i think you mean they have a command economy.
Which type of economy is least likely to be found in the countries of Europe?
There is no member of the EEC that has adopted a communist economic system.
Which countries have come the closest to having purely command economic systems?
North Korea, Vietnam, and portions of China are areas that come closest to having a purely command economic system. In a command economy, most economic decisions are made by the government rather than the free market.
This economic system has a central authority?
The economic system has a central authority in the management of the affairs of a country. This is very important for countries who are making progress as far as the economy is concerned.
How does a command economic system solve their economic problem?
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What kind of economic system are described in the Hunger Games?
planned or command economic system
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
What kind of economic system does Chile have?
A Market command system
