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Q: What is the name of an economy run by the state?
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What is an economic system run by the government?

The definition of a state-run economy would be Communism but there is no definition of providing for its citizens.


What is a command economy definition?

A command economy is one that is run by a central authority which has control over every aspect of the economy. The Soviet Union prior to its demise in 1990 had a command economy. (North Korea still has one.) Everyone in the Soviet Union was employed by the state, everyone lived in state assigned housing, everything for sale in the stores was chosen by the state and ordered by the state, and so forth.


Is Jamaica a market command or mixed economy?

Jamaica's economy is considered a mixed economy because it has both privately owned businesses and state-run enterprises. Tourism is a strong part of Jamaica's economy. Some of its top exports are bauxite, sugar, and alumina.


How did Milton Friedman defined economics?

Keep the state out of the economy and let it be run by the people via the free market -- the right thing to do.


Give a list command economies in the world?

Cuba: Cuba is one of the most Socialist nations, as it has a mostly state-run economy, universal healthcare, government-paid education at all levels, and a number of of social programs. It does not have a stock exchange. North Korea: The same is true of North Korea, which has an almost entirely state-run economy, as well as the same social programs mentioned for Cuba. Like Cuba, North Korea does not have a stock exchange. Venezuela: Economy has more private ownership, but the government social programs are quite extensive and the foreign policy is very left-wing. Cuban doctors and teachers have been brought to Venezuela to provide some medical and educational services. China: A substantial part of the economy is still state-run, although there are not as many social programs as there once were and universal healthcare has been eliminated. Still has a Socialist-type foreign policy, for the most part. Vietnam: A significant part of the economy is state-run. Close ties with Cuba, Venezuela, and Belarus. Syria: Although not commonly referred to as Socialist in the West, Syria has a mostly state-run economy and universal healthcare, along with a left-wing foreign policy. Belarus: Much of the Belarussian economy is state-run and some govt. social programs are available. Belarus has close ties with Venezuela, China, and other Socialist countries. Laos: A large part of the economy is state-run, and the government has close ties with most other Socialist countries. Zambia: Some elements of the economy are state-run, including most of the media. Universal healthcare and primary education are available. Zambia has a left-wing foreign policy and is friendly with China and North Korea. Turkmenistan: Mostly state-run economy, various free and subsidized services are provided by the government. Housing and transportation are subsidized, natural gas and electricity are provided to citizens free of charge.

Related questions

What argument was made by some in favor of turning to socialism or communism in the face of the depression?

a state-run economy


What group wanted a state run economy?

Socialist


What group thought a state run economy would end the depression?

Socialists


What is an economic system run by the government?

The definition of a state-run economy would be Communism but there is no definition of providing for its citizens.


What group thought state-run economy would help end the depression?

Socialists


. What group thought a state-run economy would help end the depression?

Socialists


What group thought a state run economy would help me in the depression?

Socialists


What aspect of socialism did some Americans believe offered way out of the depression?

a state-run economy


What is the name of Penn State's student-run newspaper?

The name of Penn State's student-run newspaper is The Daily Collegian.


What is what is a command economy?

A command economy is one that is run by a central authority which has control over every aspect of the economy. The Soviet Union prior to its demise in 1990 had a command economy. (North Korea still has one.) Everyone in the Soviet Union was employed by the state, everyone lived in state assigned housing, everything for sale in the stores was chosen by the state and ordered by the state, and so forth.


What is a economy definition?

A command economy is one that is run by a central authority which has control over every aspect of the economy. The Soviet Union prior to its demise in 1990 had a command economy. (North Korea still has one.) Everyone in the Soviet Union was employed by the state, everyone lived in state assigned housing, everything for sale in the stores was chosen by the state and ordered by the state, and so forth.


What is a command economy definition?

A command economy is one that is run by a central authority which has control over every aspect of the economy. The Soviet Union prior to its demise in 1990 had a command economy. (North Korea still has one.) Everyone in the Soviet Union was employed by the state, everyone lived in state assigned housing, everything for sale in the stores was chosen by the state and ordered by the state, and so forth.