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What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
Who makes Cuba's economic decisions?
the government makes all the decisions, he is a dictator
Who makes economic decisions?
the government makes all the decisions, he is a dictator
What type of system does the government make no economic decisions?
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
What kind of government makes political economic and social decisions?
Democratic Government.
What is an economic system in which government makes all economic decisions about how goods and services and produced and distributed is called?
Socialism.
Who makes Cuba's economic decisions?
the government makes all the decisions, he is a dictator
Who makes economic decisions?
the government makes all the decisions, he is a dictator
What is the command system?
Command system is when the government makes decisions or when the economic decision is taken by the central body. This type of system contrasts the market economy.
What type of system does the government make no economic decisions?
The type of system where the government makes no economic decisions is known as a free-market economy. In this system, economic decisions are driven by individual choices and market forces, such as supply and demand. Businesses and consumers operate with minimal government intervention, allowing for competition and innovation. This approach promotes efficiency and consumer choice but can also lead to inequalities and market failures.
Who makes the economic decisions of Cuba?
The government of Cuba.
What kind of government makes political economic and social decisions?
Democratic Government.
Who makes decisions for a mixed economy?
Government officials and legislatures make economic decisions
Who makes economic decisions in a mixed economy and why?
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
What kind of economic system does a communist government have?
Communist governments use what is known as a command economy. In a command economy, the government owns everything, employs everyone, and makes all economic decisions.
Who makes economic decisions for a mixed economy?
Government legeslatives and your mom
Government makes some economic decisions individuals and companies make other decisions?
Mixed economy.
