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What would you see in a economy in transition from central planning to free enterprise?
nutsack
What are some examples of transition economy?
A transition economy is one that is changing from central planning to free markets. Some of these are Poland, Hungary, and Bulgaria.
What is the current economic system of Montenegro?
They are currently in transition from federally state ran economy to a market economy.
What is a transition economy?
A transition economy or transitional economy is an economy which is undergoing structural changes, changing from one type of economic system to another type.Transition economies usually refer to economies undergoing a transition from a centrally planned economy to a market economy. These type of economies undergo economic liberalization (introducing market forces for prices), economic restructuring, privatization of state enterprises, and the creation of a financial sector (which takes the role of the dismantled planning system).A transition economy may also refer to a long term process of building socialism, in which a capitalist economy undergoes rapid development with the eventual goal of establishing a socialist economic system. Today countries such as Cuba and Vietnam are still officially undergoing transition from rural economies or mixed economies to socialism (in Vietnam the system is officially called "socialist-oriented market economy").
Why is china said to have a transition economy?
Some time ago, the Chinese Communist Party decided that planting seeds of a free market economy would be in the best interests of the entire nation. China has made substantial strides in this area. One prime example is that a stock exchange exists in Shanghai. Despite this trend, the transition to a free market economy cannot advance as long as China has a one party system. Based on the one party system, the so-called transitional economy, is at the mercy of post modern day Marxist-Leninists who may decide to revert back to total central planning.
What does the economy of China is is in transition mean?
The economy is moving from central planning toward a market-based system.
The economy of china is in transition .what does this mean?
The economy is moving from central planning toward a market-based system.
What would you see in a economy in transition from central planning to free enterprise?
nutsack
What does it mean when china is in transition?
The economy is moving from central planning to a market-based system.
What are some examples of transition economy?
A transition economy is one that is changing from central planning to free markets. Some of these are Poland, Hungary, and Bulgaria.
A period of change in an economy is?
transition.
What has the author A Vanags written?
A. Vanags has written: 'Inflation, exchange rates and central-bank policy in a transition economy' 'The spatial peak-load of mass transit networks'
What is china said to have a transition economy?
THey are COmmunist
What type of economy was Romania?
Before 1989 Romania has a socialist, planned economy, state economy.
While other central American countries were called banana republics this country was a coffee republic?
El Salvador was known as a "coffee republic" due to its heavy reliance on coffee production, which dominated its economy. This term emphasized the country's economic dependence on coffee exports, similar to how banana republics were dependent on banana exports in other Central American countries.
Why is Israel is a command economy country?
Israel was a command economy by the 80's, but after a transition that finished in 1998 it is now a market economy.
What is the current economic system of Montenegro?
They are currently in transition from federally state ran economy to a market economy.
