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I think it's the command economy.

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11y ago

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Related Questions

Which economic system would have the least private ownership?

Planned economic systems would have the least private ownership.


Which system allows individuals the least amount of economic freedom?

capitalism


Which economic system in government has the least amount of government involvement?

direct democracy


Under which economic system would you find the least private ownership?

Under communism, you would find the least private ownership.


What type of economic system offers the least amount of freedom to the consumer?

Command. The government tells you what to do and you have to follow.


Should rights be a characteristic of an economic system?

Yes, at least basic honesty. Profiting by deciet and misreprpresentation is wrong.


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.


What is the point of least economic activity in the business cycle?

The point of least economic activity in the business cycle is known as the trough. This phase represents the lowest level of economic output, characterized by high unemployment, low consumer spending, and reduced business investment. At the trough, economic indicators such as GDP and industrial production hit their lowest points before the economy begins to recover and enter the expansion phase. It signifies a period of economic contraction and instability before growth resumes.


How often do i need my braking system checked?

Every oil change or at least once a year.


Which economic system is the least like system used in the united States?

The economic system that is least like the one used in the United States is a command economy, such as that of North Korea. In a command economy, the government makes all decisions regarding production, distribution, and pricing, whereas the U.S. operates primarily under a mixed economy that emphasizes free-market principles with some government regulation. This fundamental difference in decision-making and resource allocation leads to stark contrasts in economic activity and individual freedoms.


Which continent has the greatest number of least-developed countries?

Africa has the greatest number of least-developed countries. These countries are characterized by low income, weak human development indicators, and high economic vulnerability. Africa is home to many nations facing challenges in terms of development and poverty alleviation.


What information would be least helpful in measuring the economic development of a country?

hardly is something least helpful in measuring economic status of a country

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