An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
It is a controlled by the government
Command Economy
Planned (command, centrally planned, or controlled) economy
Command Economy. An example would be North Korea.
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
It is a controlled by the government
it grew and heavily controlled the economy
Command Economy
The publicly controlled economy which is the nearest to a mixed economic system is a socialist economy. The public will influence such an economy to a great extent.
Planned (command, centrally planned, or controlled) economy
Command Economy. An example would be North Korea.
planters
state-controlled
YES
state-controlled
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.