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How was the economy controlled?
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.
What is an economy 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.
Is it a free market economy or a government controlled economy in haiti?
It is a controlled by the government
What type of economy is controlled by the government?
Command Economy
In this type of economy the question of how many goods will be produces and supplied is not made by businesses?
Planned (command, centrally planned, or controlled) economy
What countries have controlled economy?
Cuba, China, and North Korea are all countries with controlled economies.
How was the economy controlled?
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.
What did creoles generally want in the new American countries?
Roman Catholicism A government-controlled economy
What is an economy 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.
Is it a free market economy or a government controlled economy in haiti?
It is a controlled by the government
How did the U.S. government change during the war?
it grew and heavily controlled the economy
What type of economy is controlled by the government?
Command Economy
Which publicly controlled economy is the nearest a mixed economic system?
The publicly controlled economy which is the nearest to a mixed economic system is a socialist economy. The public will influence such an economy to a great extent.
In this type of economy the question of how many goods will be produces and supplied is not made by businesses?
Planned (command, centrally planned, or controlled) economy
What type of economy best fits this description The basic economic questions are answered by a group of government planners.?
Command Economy. An example would be North Korea.
Why is the supply of money in an economy not solely determined by central bank?
The supply of money IS controlled by the central bank. However, in some countries the politicians interfere with the Central Bank.
What is bad about the euro?
Because many countries use the Euro each countries economy is to some extent controlled by the economy of the other member countries. If all the economies were the same this would not cause a problem. However because they are not then the Euro is only as strong as the weakest economy. If one country has a recession then that will drastically affect the value of the Euro. Conversely if one country has an economic boom it does very little to boost the Euro.
