Want this question answered?
It is a controlled by the government
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
There are many economists who have argued this, but the most major one is arguably John Maynard Keynes.
Command Economy
How an economy is controlled depends on what system that economy is following. And economy can be controlled by the relationship between supply and demand, or by government fiat, for example. It can also be controlled by a country's relationships with other countries.
It is a controlled by the government
I wonder if you are thinking of John Maynard Keynes (1883-1946).
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
There are many economists who have argued this, but the most major one is arguably John Maynard Keynes.
Command Economy
How an economy is controlled depends on what system that economy is following. And economy can be controlled by the relationship between supply and demand, or by government fiat, for example. It can also be controlled by a country's relationships with other countries.
YES
John Maynard Keynes (5-Jun-1883 to 21-Apr-1946).
Communism requires a government-controlled command economy, while fascism does not.
Controlled
it grew and heavily controlled the economy
An economist is an expert on the economy.