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Economy in which much of the activity is controlled by government policy rather than by the dictates of markets. Examples are socialist and communist economies.
Wiki User
∙ 15y ago
Wiki User
∙ 12y agoa controlled economy is when the government of a country owns all the business in the country (i.e there is no private sector, only the public sector) :-P
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Who controls china economy?
china can control our economy... i was in china and i was in a security economy control center and i asked a few questions... yes china can control it's economy...
How did the US gain control of the Cuban economy?
The US does not have control over the Cuban economy.
Does the economy control us?
the economy does not control us because we decide what we do with our money and life:)
Who is in control in a market economy?
In a free-market economy, private individuals or groups are in control
What is an economy that has little government control called?
What is an economy that has little government control called?
Who is a government free economy where consumers and business owners control the economy decisions?
United state of America
How do state constitution control the economy?
State constitutions control the economy because they decide how to raise and spend taxes, and that is how state constitutions control certain aspects of the 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
Is mixed economy under private control?
In a mixed economy some of the businesses are under private control and some of the businesses are run by the government. There is still a free economy if there is a mixed economy.
Which system involves total government control of a nation's economy?
Communism is the political system that called for government control of the economy.
What political system calls for government of the economy?
Communism is the political system that called for government control of the economy.
What did aristocracies control?
The economy and the military
