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In what economy the government answer the three economic questions?
Wiki User
∙ 13y ago
three economic questions
what to produce
how (much) to produce
who gets the goods
Answer:
Command economy.
Wiki User
∙ 13y ago
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In a centrally planned economy the three key economic questions are answered by the .?
central government alone
In a centrally planned economy the three key economic questions are answered by the what?
central government alone
How do China answer the three economic questions?
China is a communist country so the government handles most of the economy and also lives of the people. The government in China would be answer the three economic questions then. Lately as we get deeper into the 21st century China's government is becoming less and less invovled in the urban economy, only coming down hard on rural communities.
What type of economy answers the three basic economic questions?
3 types of economic system
Which economy answers the three basic economic questions with the phrase Do as we have always done?
Market
Who answers the three economic questions in a command economy?
The government answers the three economic questions in a command economy.
Who answers the three economic questions in command economy?
government
In a centrally planned economy the three key economic questions are answered by the what?
central government alone
In a centrally planned economy the three key economic questions are answered by the .?
central government alone
How do China answer the three economic questions?
China is a communist country so the government handles most of the economy and also lives of the people. The government in China would be answer the three economic questions then. Lately as we get deeper into the 21st century China's government is becoming less and less invovled in the urban economy, only coming down hard on rural communities.
What are the three basic economic questions must be answered in a barter economy.?
guide the economy
What type of economy answers the three basic economic questions?
3 types of economic system
Which economy answers the three basic economic questions with the phrase Do as we have always done?
Market
Which economy answers the three basic economic questions with the phrase Do as you have always done?
traditional
What three questions determine a country's economic system?
There are three simple questions an economy of a country must answer. They are "what to produce," "how to produce," and "for whom to produce."
How does a traditional economy differ from a capitalist economy?
In a capitalist system, the government answers the three basic questions.
Under the command economy who decides the answer to the three questions the all economic systems must answer?
the people
