In a communist society the means of production are controlled by the state and not by private enterprise. However it should be noted that while certain country's describe themselves a s Communist states and others a s capitalist the aim of neither has ever come close to being reached.
Communism will have to be at a global level, so there can be no such thing as a Communist country. And it will have no economy, because no money and no prices.
Its a command economy! :+)
No Thailand does not have a command economy. In a command economy, the government controls what goods are produced, how much they are produced, and what they cost. This type of economy often is found in a country that is run by a dictatorship. Thailand is a mixed economy. The government makes some decisions about and the government makes others.
Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.
Generally, a communist country is characterized by an economy in which the owners of businesses do not own their means of production. In a communist society it is a general practice for the government to regulate businesses and the amount of money that people make.
Angola has a communist government and an oil and diamond economy.
Venezuela has a more communist than capital economy.
Venezuela has a more communist than capital economy.
Any type of economy save for the 100% communist one: which is inefficient.
RVN=Republic of South Vietnam, a democracy.
No. it should be under mixed market economy
No Thailand does not have a command economy. In a command economy, the government controls what goods are produced, how much they are produced, and what they cost. This type of economy often is found in a country that is run by a dictatorship. Thailand is a mixed economy. The government makes some decisions about and the government makes others.
No, India is not a communist country. The type of government is, federal republic.
Communist, but there economy is capitalist.
Market / Capitalist, as opposed to Communist. The current government has reformed the highly centralized economy it inherited from President Gamal Abdel Nasser.
Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.
command economy
Angola has a communist government and an oil and diamond economy.
It's not. Communism is a type of an economy. The UN does not have a government or an economy. It is a body where representatives of nations meet. Some of those countries are communist (fewer an fewer).