Centrally Planned Economies are typical of totalitarian countries such as Cuba, North Korea. The econonomic theory behind these governments is usually a form of Marxism.
What do you think hes the president of corse, yes he did live in the white house.
It has an economic system
They heavily taxed all domestic production.
It established a monopoly on the production of silk.
joseph stalin
socialism :)
The people should control production and distribution. Production should take place to meet human need.
communism
To make available for and to hold in check the pertaining to the system of production, distribution, and consupmtion.
That would be COMMUNISM.
Control the production of food grains
State capitalism. In Socialism it is the people who control production and distribution, the aim of production being to meet human need.
In socialist countries, the role of the government is to control and manage the means of production and distribution of goods and services. The government plays a central role in planning and implementing economic policies, ensuring social welfare, and promoting equality and social justice. It aims to eliminate class distinctions and protect the interests of the working class.
B democratic socialism
The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.
To do away with economics by having no money or prices or buying and selling.
The government