Deciding what goods consumers buy.
Deciding what goods consumers buy
deciding what goods consumers buy
The government does not decide what goods consumers buy in a command economy.
Command Economy
A command economy answers the question of what to produce through the government. It is the role of the government to make key critical decisions in the economy.
Mongolia has a mixed government
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
deciding what goods consumers buy
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
The government does not decide what goods consumers buy in a command economy.
command
Command Economy
A command economy answers the question of what to produce through the government. It is the role of the government to make key critical decisions in the economy.
Mongolia has a mixed government
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.
command
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
=Vietnam can be demonstrated as a command economy because it is a dictatorship and almost all of the decisions are made by the government, leaving no choice for individuals rights. In the command economy the government decides what to produce, distribute and consume. The government also decides the price of the product, how to make the product, how to sell the product, and also who to sell it to. Basically in a command economy there is no freedom. China used to have a command economy, but it no longer does not. Saudi Arabia is another example of a command economy too. This is how Vietnam can be demonstrated as a command economy.=