0
What else can I help you with?
Which type of economy is least likely to be found in the countries of Europe?
There is no member of the EEC that has adopted a communist economic system.
Does Thailand have 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.
What All of these are found in a command economy EXCEPT?
In a command economy, resources and production are controlled by the government, which makes decisions about what to produce, how to produce, and for whom to produce. Market forces, such as supply and demand, play a minimal role. Therefore, the concept of private ownership and free market competition is typically absent. Anything that promotes individual entrepreneurship or market-driven pricing would not be found in a command economy.
Is minimum wage found in a command economy?
Yes, minimum wage can be found in a command economy, where the government centrally plans and regulates economic activities, including labor standards. In such economies, the state may impose a minimum wage to ensure a baseline level of income for workers, aiming to control living standards and reduce poverty. However, the effectiveness and enforcement of minimum wage laws can vary depending on the specific characteristics and governance of the command economy.
What is different from a command economy and a mixed economy?
A Mixed economy is an economy that is both a planned and free enterprise economy.This means is has both STATE CONTROLLED economies and also PRIVATE OWNERSHIP economies. These 2 are commonly found the Caribbean, such as Barbados or Cuba for example. Free Enterprise is practically self explanatory. It if the economic system for people who own their own businesses such as shops. The Controlled economy is well obviously controlled by the STATE but this usually affects larger companies and businesses.
Which economy is the least likely to be found in Europe?
command economy is the least likely to be found in europe
Which is least likely to be found in Europe?
Command economy
Where can command economy be found today?
yes they can command economy be will found today.
Which type of economy is least likely to be found in the countries of Europe?
There is no member of the EEC that has adopted a communist economic system.
Does US have a command economy?
No, the US has a market economy a result of its capitalist policies, command economies can be found in communist countries.
Does Thailand have 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.
What All of these are found in a command economy EXCEPT?
In a command economy, resources and production are controlled by the government, which makes decisions about what to produce, how to produce, and for whom to produce. Market forces, such as supply and demand, play a minimal role. Therefore, the concept of private ownership and free market competition is typically absent. Anything that promotes individual entrepreneurship or market-driven pricing would not be found in a command economy.
Is minimum wage found in a command economy?
Yes, minimum wage can be found in a command economy, where the government centrally plans and regulates economic activities, including labor standards. In such economies, the state may impose a minimum wage to ensure a baseline level of income for workers, aiming to control living standards and reduce poverty. However, the effectiveness and enforcement of minimum wage laws can vary depending on the specific characteristics and governance of the command economy.
What are examples of command economy?
Libya North Korea Cuba Saudi Arabia Mynamar
The most industrialized economy in Eastern Europe is found in the country of?
Czech Republic.
In what areas of the country can the KKK be found?
They can be found mostly in the USA but least likely in Alaska and Hawaii
What is different from a command economy and a mixed economy?
A Mixed economy is an economy that is both a planned and free enterprise economy.This means is has both STATE CONTROLLED economies and also PRIVATE OWNERSHIP economies. These 2 are commonly found the Caribbean, such as Barbados or Cuba for example. Free Enterprise is practically self explanatory. It if the economic system for people who own their own businesses such as shops. The Controlled economy is well obviously controlled by the STATE but this usually affects larger companies and businesses.
