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I believe that it is command economy..

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11y ago
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Q: Developing nations whose governments owned businesses and controlled farming had what form of economy?
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Related questions

which element of a command economy is also used in a mixed economy (apex)?

governments provide economic services to citizens


In this type of economy the question of how many goods will be produces and supplied is not made by businesses?

Planned (command, centrally planned, or controlled) economy


In this type of economy the question of how many goods will be produced and supplied is not made by businesses.?

Planned (command, centrally planned, or controlled) economy


a free enterprise system is a type of economy that: (apex)?

prevents governments from interfering with businesses (Apex)


What types of business found in developing countries?

The types of businesses found in developing countries are ones that could help the economy. Tourism, alternative energy, and importing/exporting are popular business areas.


What type of economy does developing country have?

I think they must have a mixed economy


What is Vietnam's economy?

Developing economy


How was the economy controlled?

How an economy is controlled depends on what system that economy is following. And economy can be controlled by the relationship between supply and demand, or by government fiat, for example. It can also be controlled by a country's relationships with other countries.


What motivates the command economy?

Command economies are motivated by the government, which institutes how the economy will work.


What is an economy controlled by the government?

An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.


How does an economy play a large role in the form of government a nation in use?

Economies can be completely controlled to entirely benefit the government, such as communism or dictatorships. Or the economy can be free will, like capitalism, which will prosper the people and businesses


Is it a free market economy or a government controlled economy in haiti?

It is a controlled by the government