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Equality is a major goal of a centrally planned government. Also growth is, but they only want the economy as a whole to grown not an individual. Also they want people to feel secure, but only secure enough so that they do not rebel against the government.
Wiki User
∙ 12y ago
Wiki User
∙ 10y agoThe stated Goal of this type of economy is to improve the lives of all people equally.
In the past what has happened is only the most powerful have benefited. The normal people have been held down and prevented from improving their lot in anyway.
Wiki User
∙ 12y agoI don't really know to much. But I think it was a me
Wiki User
∙ 12y agoincome equality, guarentee jobs
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Which nation's economy could best be described as a command economy where the government determines guidelines for economic development and sets goals for economic production?
A planned economy is also known as a command economy, and it is designed by a central governmental authority. It is a type of socialist economy, and it currently exists in North Korea, Laos, and Cuba.
What determines the kind of economy a nation has?
A nation choses its economy based on its economic goals. Economic growth is often any nation's goals. With that in mind a free market economy will help achieve that goal.
What are the seven major goals of the US economy?
Full Employment Economic Growth Price Stability Economic Freedom Economic Security Economic Equity Efficiency
What are the meaning of economic planning and its features and the objectives?
Economic planning is a term used to describe the longterm goals of a government to develop the economy.
What are the three main goals of a socialist economic system?
The three main goals of a socialist economic system are: 1. a planned economy: better than free market in supplying goods and services 2. Greater equality: too much for rich too little for the rest 3. Ownership of income-producing property by the state rather than private parties: only the state can overpower wealthy.
Which nation's economy could best be described as a command economy where the government determines guidelines for economic development and sets goals for economic production?
A planned economy is also known as a command economy, and it is designed by a central governmental authority. It is a type of socialist economy, and it currently exists in North Korea, Laos, and Cuba.
What determines the kind of economy a nation has?
A nation choses its economy based on its economic goals. Economic growth is often any nation's goals. With that in mind a free market economy will help achieve that goal.
What are the seven major goals of the US economy?
Full Employment Economic Growth Price Stability Economic Freedom Economic Security Economic Equity Efficiency
What are the meaning of economic planning and its features and the objectives?
Economic planning is a term used to describe the longterm goals of a government to develop the economy.
What are three main goals of a socialist of economic system?
The three main goals of a socialist economic system are: 1. a planned economy: better than free market in supplying goods and services 2. Greater equality: too much for rich too little for the rest 3. Ownership of income-producing property by the state rather than private parties: only the state can overpower wealthy.
Why are there several different economic goals?
There are several economic goals because no single factor will improve the economy. Job creation and capital investment often are interrelated, but it requires different actions to achieve gains in both of them.
What are the three main goals of a socialist economic system?
The three main goals of a socialist economic system are: 1. a planned economy: better than free market in supplying goods and services 2. Greater equality: too much for rich too little for the rest 3. Ownership of income-producing property by the state rather than private parties: only the state can overpower wealthy.
Three main goals sought by policymakers in the economy?
the three main goals are 1)improving political stability, 2) improving economic diversity and 3) improving education and services.
What were Britain's goals for imperial power?
It was all based around trade: protecting trade routes and links in order to have the best economy possible. It was not planned it just evolved like that.
Is Brazil a market or a command economy?
No. Brazil is placed in 150nd in Economic Freedom Index, it's one most closed, regulated and taxes economies of the world. Although Brazil is capitalist, it's a hardcore corporativist and keynesian capitalist model
What are the three goals of a healthy economy?
stable prices full employment and economic growth
What are the social and economic goals of a government?
The socia and economic of government goals is to provide employment for the general public
