Yes, the former USSR is an example of command economy.
This is a Dictatorship, a form of totalitarian rule.
Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.
North Korea, Iran and Cuba
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
In a command economy government agencies take the decisions regarding consumption production and distribution in other words allocation of resources . The classical example of command economy was the economy of erstwhile USSR- where major decisions were taken by the soviet planning commission. Traditional economy refers to economy in which primary sector- agriculture , mining , fishing , lumbering , animal husbandry etc, is dominant economic activity - in terms of share in GDP and employment.
This is a Dictatorship, a form of totalitarian rule.
Armenia switched from a communist economy to a capitalist economy, as all the former Soviet states did after the collapse of the USSR.
North Korea, Iran and Cuba
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
There were 15 states in the former USSR
Terrible, they asked the US for financial assistance.
In a command economy government agencies take the decisions regarding consumption production and distribution in other words allocation of resources . The classical example of command economy was the economy of erstwhile USSR- where major decisions were taken by the soviet planning commission. Traditional economy refers to economy in which primary sector- agriculture , mining , fishing , lumbering , animal husbandry etc, is dominant economic activity - in terms of share in GDP and employment.
There were 11 time zones in the former USSR.
In a command economy, supply and demand are replaced by government edicts. However, the national economy can still fail, as happened in the USSR.
No, it is a market economy. The former USSR is an example of a command economy (as well as Cuba, North Korea, and Vietnam) Actually, the U.S. is a mix between a market economy and a command economy. It is more of a market than a command but it is not completely either one.
Tersky Kabardin Kustanair (former USSR) Russian Trotter Orlov Trotter Budyonny Don Russian Heavy Draught (former USSR) Soviet Heavy Draught (former USSR) Vladimir Heavy Draught (former USSR)
Russia had a totalitarian ecomomy while they were part of the Soviet Union.