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What is the name of the economic system where the government or another central administration regulates supply and prices?
Wiki User
∙ 7y ago
command economy
Wiki User
∙ 7y ago
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What is another name for the mixed economy?
A mixed economy is an economy that includes a variety of private and government control, or a mixture of capitalism and socialism. Relevant aspects include: a degree of private economic freedom (including privately owned industry) intermingled with centralized economic planning and government regulation. I have not been able to find another definitive name for a a mixed economy.
What is a Another name for economic activity?
what is meant by economic activity
What economic problems did the new government face with Jefferson and hamilton?
The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.
What are some examples of ways in which the US government exercises central planning and control of the economy?
"Public" utility companies. For instance, the electric company in most areas is actually a private business, but, since it makes economic sense to have only a single set of electrical wires (a "natural" monopoly), the government regulates many aspects of that company's business - from the rates it charges, to the areas it can (or must) provide service to, to the level of service it must provide. Another great example, which applies across the entire economy, is anti-pollution controls - companies must follow government rules on the disposal and use of many substances, with the idea that the environment itself is a public trust (i.e. something that the government protects in the best interests of everyone). In a similar vein, labor laws (minimum wage, working hour restrictions and requirements, workplace safety, etc.) are another example of government regulation of business.
What is the relationship between public administration and economics?
The public administration and economics have a very complex relationship with one another. For instance, the public administration does the policies, which can either make or break the economy.
China-Was government involved in their production in anyway?
Of course not. I’m a Chinese.even if China is a republic but we have two kinds of economic systems.the first one is that “ Market-regulated economy”and the another one is “ The government regulates the economy”.....
What is another word for bureaucracy?
administration, authority, civil service, directorate, government, officialdom, red tape, the system
Which government is better socialism or communism?
= One View = Socialism is not a form of government; it is simply an economic system. On the other hand, Communism is an economic and POLITICAL system. = Another View = The struggle for power amongst groups or individuals is Politics. An entity engaged in this struggle is a Political Entity. One that has attained a high degree of control over it's internal and external affairs or sovereignty is a State. The organization and administration of public policy of a State is it's Government. Socialism and Communism in and of themselves are not types of Government. They are economic policies a State's Government or a society lacking a State can pursue. As to which one is better is a value judgment that people have to make themselves after comparing and contrasting them against each other.
How do each branch of government have power over another?
Type your answer here... Because they talk over economic problems.
This regulates the sale of stock in a corporation?
The regulates the sales of a stack in a corporation is a person having authorization to act for another. Also having written authorization to act in place of another.
What is another word for keeps in check it starts with r?
regulates
Is an example of how the government regulates business in the mixed economy of the US?
"Public" utility companies. For instance, the electric company in most areas is actually a private business, but, since it makes economic sense to have only a single set of electrical wires (a "natural" monopoly), the government regulates many aspects of that company's business - from the rates it charges, to the areas it can (or must) provide service to, to the level of service it must provide. Another great example, which applies across the entire economy, is anti-pollution controls - companies must follow government rules on the disposal and use of many substances, with the idea that the environment itself is a public trust (i.e. something that the government protects in the best interests of everyone). In a similar vein, labor laws (minimum wage, working hour restrictions and requirements, workplace safety, etc.) are another example of government regulation of business.
Will the banks cause another economic meltdown by taking unreasonable risks?
Yes, there is a very good chance that the banks will cause another economic meltdown. The only way this can be avoided is if the government puts forth true bank regulation.
What was the economic problem for Alexander Hamilton and the new government?
The biggest economic problem for Alexander Hamilton and his new government was recovering from the 54 million dollar federal debt arising from the Revolution. The states owed another 25 million. Confederate paper money was worthless.
Which of the following were major domestic issues facing the Truman administration after World War 2?
millions of troops needing jobs labor unions going on strike another major economic depression
Another word for administration?
organization
What is another name for the mixed economy?
A mixed economy is an economy that includes a variety of private and government control, or a mixture of capitalism and socialism. Relevant aspects include: a degree of private economic freedom (including privately owned industry) intermingled with centralized economic planning and government regulation. I have not been able to find another definitive name for a a mixed economy.
