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What happens when governments control or dominate a national economy?
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∙ 12y ago
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Wiki User
∙ 12y ago
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Which economic system has become associated with authoritarian governments and total control of the economy?
The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.
In a global economy governments have less control over economic activity?
yes in a global economy government has less control over economic activity
Country who's government has strong control over the economy and society as a whole?
Capitalist governments have varying degrees of economic control. Communism has no government and no economy (because no money or markets).
Who argued that national governments should increase their spending to stimulate the economy during an economic recession?
John Maynard Keynes
Which is a feature of mercantilism?
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
Which economic system has become associated with authoritarian governments and total control of the economy?
The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.
What is the governments role in the economy?
To conduct or control the affairs of the country..
Governments control the prices and production of goods?
restrictive economy.
In a global economy governments have less control over economic activity?
yes in a global economy government has less control over economic activity
Country who's government has strong control over the economy and society as a whole?
Capitalist governments have varying degrees of economic control. Communism has no government and no economy (because no money or markets).
Who argued that national governments should increase their spending to stimulate the economy during an economic recession?
John Maynard Keynes
Which is a feature of mercantilism?
A feature of mercantilism is full government control of the national economy. This theory believes that this is the only way of achieving a healthy economy.
What is one of the down sides to increasing economic interpendence?
loss of control over the national economy.
Why did Europe dominate the world economy by the beginning of the twentieth century?
Europe had enormous capital and industries which allowed it to dominate the world economy by the beginning of the twentieth century. It was also superior militarily.
What is the governments role in the traditional economy?
This answer is that the governments role is very little
What is the governments role in the economy of US?
Governments help ensure that the economy continually grows. A growing economy means that fewer people rely on government assistance to survive.
Why did europe dominate the world economy by the beginning of thw twentieth century?
Europe had enormous capital and industries which allowed it to dominate the world economy by the beginning of the twentieth century. It was also superior militarily.
