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No countries have or could have a Communist economic system. Communism is a classless stateless society based on production for use, with no money and no economy. Also, it would have to operate at a global level.
paulbenn
Wiki User
∙ 13y agoFew countries that are still acting under Planned economy (communism is NOT an economic theory.)
Libya
Cuba (although this changed in late 2010)
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What is the economic system of communist countries is most closely related to what?
socialism
Which type of economy is least likely to be found in the countries of Europe?
There is no member of the EEC that has adopted a communist economic system.
This economic system has a central authority?
The economic system has a central authority in the management of the affairs of a country. This is very important for countries who are making progress as far as the economy is concerned.
What countries have a communism economic system?
Individuals can work to make profits in the communistic economy of China, as example. However, the Communist Politburo of China makes all major economic decisions. Major means of production are controlled by the leaders of the communist party. No other party but the communist party exists in China.
What are the different countries that have economic system?
Every country has an economic system
What is the economic system of communist countries is most closely related to what?
socialism
Economic system replacing communism in former soviet countries?
Capitalism is the economic system currently replacing Communism in former Soviet countries.
What is the economics system of most communist countries?
Historically, most Communist countries had planned economies (indicative of communist economic theory), but today, most Communist countries actually have capitalist economies with strong state presence.
Which type of economy is least likely to be found in the countries of Europe?
There is no member of the EEC that has adopted a communist economic system.
This economic system has a central authority?
The economic system has a central authority in the management of the affairs of a country. This is very important for countries who are making progress as far as the economy is concerned.
What countries have a communism economic system?
Individuals can work to make profits in the communistic economy of China, as example. However, the Communist Politburo of China makes all major economic decisions. Major means of production are controlled by the leaders of the communist party. No other party but the communist party exists in China.
Which country follow capitalist economy system?
There are now almost no countries (except perhaps North Korea and Cuba) that do not basically employ a capitalist economic system. The system of government may be dictatorship or communist but the economic systems have all reverted to capitalistic principles.
What are the different countries that have economic system?
Every country has an economic system
What describes a major factor in the conflict that the US had with the Soviet Union during the Cold War?
The United States opposed the Soviet Union's communist system.
After achieving their independence both Angola and Mozambique established?
a communist economic system
Which countries no longer operates under a communist system?
the answer is b.Russia
In what countries a single authoritarian party usually controls the political system and the government owns most property and directs the majority of economic activity?
When a single authoritarian party controls the political system and the government owns most property and directs the majority of economic activity, it is a communism. Communist countries include China, Cuba, and Vietnam.
