Want this question answered?
an economic system in which the central government directs all major economic decisions
This is where the state power is more then the central power... For Example: States can decide speed limit and Central controls drinking age... If it were a confederal government then each state would have more power to choose the legal drinking age
they controls the state or country
Thats not a legitimate question, you are an idiot.
central goverment
unitary
unitary
Its the government because its the one that control all means of production.
it controls all major sectors of the economy and formulates all decisions about their use and about the distribution of income
Which type of government you mean? To some extent a communist government.
Command economy
Central banks are the regulator or supervisors of banking operations in a country. All member banks that operate in a country have to follow the rules laid down by them. The government of the country usually controls their operations but in most cases they have powers to take decisions on their own.