laissez-faire
When the government controls the entire economy, it is called a centrally planned economy.
What is an economy that has little government control called?
totalitorism
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
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laissez-faire
A modified private enterprise economy is based on capitalism but has some government interference to prevent monopolies. Example is the economy of the U.S
When the government controls the entire economy, it is called a centrally planned economy.
What is an economy that has little government control called?
totalitorism
An economy that allows business owners to complete in the market with little government interference.
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
Laissez faire. Popular rallying cry for government to stay off Wall Street.
No, they opposed the concentration of power in the chief executive
Laissez-faire is the idea that the economy should continue without interference from the government. The economy would be self correcting.