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What else can I help you with?
Which countries has directed planned economy?
china cuba
Which specific countries have centrally planned economy?
Sweden. The government is in complete control of everything, and they pay a lot of taxes, which results in them having universal health care. Unlike Canada, Sweden pays for university, day care, ect.
Does Canada have a planned economy and can you give some examples of planned economies in Canada?
Canada does not have a planned economy; it operates primarily as a mixed economy with both market and government influences. While certain sectors, such as healthcare and education, are publicly funded and regulated, the majority of the economy is driven by market forces. Examples of planned aspects in Canada include public policies that guide economic development and social welfare programs, but these do not constitute a fully planned economy like those seen in countries such as North Korea or Cuba.
What is the mixed econmomy in Russia?
This was suggested and started by Stalin. And it is still continuing. And today's countries like Austraila, New zealand and candada have mixed economy. Mixed economy is when market economy + planned economy.
In what way did Russia benefit from being a planned economy?
By having a planned economy Russia is making good revenue in the world market. This policy helps the Russians also in having the better employment rates and the minimum wages can also be higher than in some other countries of the world. All the sectors in Russia are benefited with the planned economy.
What are some disadvantages of planned economy?
One disadvantage of the planned economy is that there is inefficient resource distribution.
How is the economy of totalitarian govern states?
It is a Planned Economy
Why does Spain have a mixed economy?
both the government and the public control the economy, were as Russia is a planned economy because everything is planned and the government has full control
What is a planned economy regulated by?
Planned Economies are regulated by a Governmental Ministry.
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.
In this type of economy the question of how many goods will be produces and supplied is not made by businesses?
Planned (command, centrally planned, or controlled) 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.
