Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
an economic system in which the central government directs all major economic decisions
the government makes all the decisions, he is a dictator
Government officials and legislatures make economic decisions
the government makes all the decisions, he is a dictator
Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
an economic system in which the central government directs all major economic decisions
the government makes all the decisions, he is a dictator
Government officials and legislatures make economic decisions
the government makes all the decisions, he is a dictator
The government of Cuba.
Democratic Government.
The government makes all the decisions because the government does all the spending and taxation to provide jobs and services and he also influences on the economic growth
the citizens are not supposed to have control over their government because if the government didn't have power over the people, how would the government be making the big economic decisions without the reference of the people?
it's called a command economy
command economy
Mixed economy.