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In which type of economy would prices be set by the government?
Wiki User
∙ 14y ago
command economy
Wiki User
∙ 14y ago
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What Countries with a capitalistic view of society have which type of economy?
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
Competition between producers help keep prices down in this type of economy?
competween producers helps keep prices down in this type of economy?
What type of economy is controlled by the government?
Command Economy
Is a Republic a type of economy?
No, it is a type of government
How does the type of economy affect the type of government?
The type of economy usually matches the type of government. For example, a democratic country will usually have a capitalist (or free market-based) economy while a non-democratic country will usually have a socialist economy. The more freedom there is in the government usually brings about more freedom in the economy. However, I would say that the type of government affects the economy and not vice versa. Of course, if the economy completely crashed, it could cause a democratic country to become non-democratic. People tend to vote for radical decisions during crises.
What Countries with a capitalistic view of society have which type of economy?
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
What type of economic market does not need to advertise?
A market where there is no choice, maybe, like a command economy, where goods and prices are set by the government.
Competition between producers help keep prices down in this type of economy?
competween producers helps keep prices down in this type of economy?
What type of economy is controlled by the government?
Command Economy
Is a Republic a type of economy?
No, it is a type of government
How does the type of economy affect the type of government?
The type of economy usually matches the type of government. For example, a democratic country will usually have a capitalist (or free market-based) economy while a non-democratic country will usually have a socialist economy. The more freedom there is in the government usually brings about more freedom in the economy. However, I would say that the type of government affects the economy and not vice versa. Of course, if the economy completely crashed, it could cause a democratic country to become non-democratic. People tend to vote for radical decisions during crises.
What type of economy does myanmar have?
Myanmar(Burma) has a mixed economy.It would be market economy, but because no country has pure market economy due to government regulations, Myanmar has a mixed economy.
What is the type of economy for presidential government?
It is supposed to be a free market economy.
What type of economy has the government make all choices?
Command Economy
What type of government uses command economy?
command
What Countries with a capitalist view of society have which type of economy?
Capitalist would be the type of economy. An economy run by the free market, and has little-to-no government regulation.
In Which type of economy does the government decide what to produce how to produce and for whom to produce?
Controlled.
