i think communistic i think communistic
In a command economy, the government makes the economic decisions. This means that they control industry (including manufacturing and agriculture), as opposed to being controlled by the markets and the people. The government decides what goods to produce and how to distribute them.
In a command economy, the government makes the economic decisions. This means that they control industry (including manufacturing and agriculture), as opposed to being controlled by the markets and the people. The government decides what goods to produce and how to distribute them.
Through a licensing system, government agencies control who enters such industries, their prices, and their methods of operation.
it means monopoly
nothing
A farm or crop subsidy
agriculture
in control
When business gains complete control of an industry it is called a monopoly. In the United States, monopolies are illegal by statute.
Sounds like a monopoly to me.
In a command economy, the government makes the economic decisions. This means that they control industry (including manufacturing and agriculture), as opposed to being controlled by the markets and the people. The government decides what goods to produce and how to distribute them.
In a command economy, the government makes the economic decisions. This means that they control industry (including manufacturing and agriculture), as opposed to being controlled by the markets and the people. The government decides what goods to produce and how to distribute them.
Which government are you talking about? Adolf Hitler had complete control over Germany and Benito Mussolini had complete control over Italy.
Monopoly
petroleum
nationalization
Monopoly.