China, South Korea, Cuba, and Russia are countries that are under command economies. This type of economy is common in a communistic country.
It is often found in democratic countries.
yes
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Some countries that have a command market economy include China, Saudi Arabia, and Syria. Venezuela and Laos also have command market economies.
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.
command economies
cuba, china, libya,
It is often found in democratic countries.
yes
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No, the US has a market economy a result of its capitalist policies, command economies can be found in communist countries.
Libya North Korea Cuba Saudi Arabia Mynamar
Nowadays - very few. Command economies still exist in Cuba, Libya, Saudi Arabia, Iran, N. Korea and Burma. Command, or control, economies are not as flexible, efficient or responsive as market based "free" or "mixed" economies and have largely been proven unsuccessful. China, Russia are examples of command economies to benefit the collective rather than the individual for ideological reasons. Iraq under Saddam Hussein was an example of a command economy based on the whims of a dictator who wanted to control every aspect of his country's life.
Some countries that have a command market economy include China, Saudi Arabia, and Syria. Venezuela and Laos also have command market economies.
Using their influence they obtained by being wealthy
Command economies emphasize government allocation of production.