An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
It is a controlled by the government
Command Economy
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.
Controlled
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
It is a controlled by the government
Command Economy
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.
YES
Roman Catholicism A government-controlled economy
Controlled
it grew and heavily controlled the economy
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
Government controlled economy or "planned economy" refers to " is the economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency."
Controlled.
socialist The Libyan economy is controlled by the government.
Empire and Economy