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A command economy is one that is run by a central authority which has control over every aspect of the economy. The Soviet Union prior to its demise in 1990 had a command economy. (North Korea still has one.) Everyone in the Soviet Union was employed by the state, everyone lived in state assigned housing, everything for sale in the stores was chosen by the state and ordered by the state, and so forth.
What else can I help you with?
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.
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.
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.
Explain stalins use of command economy in Russia?
its his command in economy
What kind of economy is Mongolia command or market?
it is a command economy da
Is the former USSR an example of the command economy?
The USSR had a command economy, Russia today has a free market 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.
Is Libya a command economy?
Yes Libya has a Command Economy
Where can command economy be found today?
yes they can command economy be will found today.
