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Command economy is when the government determines what will be sold, how much will be made, and the price the item will be sold for. Although this may limit the growth of the country it does provide stability.
Sofia Langosh
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What economy is similar to command economy?
A command economy is the same as a socialst or communist economy.
What is econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
Is Haiti a free market economy or a command economy?
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
The history of command economy?
what is the history behind command economy
What is a command economy system?
Command Economy is an example of Dictatorship.
What is Vietnams econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
Is North Korea a command economy or a free economy?
North Korea has a command economy.
What kind of economy is Mongolia command or market?
it is a command economy da
Explain stalins use of command economy in Russia?
its his command in economy
Is the former USSR an example of the command economy?
The USSR had a command economy, Russia today has a free market economy.
Is Libya a command economy?
Yes Libya has a Command Economy
What do you call an economy that is both partly command and market?
When an economy is partly command and partly market, is called a mixed economy.
