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The Consumers
command economy
A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.
A state owned enterprise is when a government owns and controls a certain company. The top executives are employed by the government, and that is who makes the strategic decisions for the enterprise. These types of companies are said to be ideal building block for economic growth in developing countries. Therefore, these government execs are to sustain economic growth by evaluating all of the factors within that country to encourage growth and prosperity.
In Vietnam, the economy is still very much state orientated meaning, the government controls many key features in an economy (Interest rate; exchange rate; oil prices...) However, in recent times, privatizing is occurring more frequently than before.
The Consumers
command economy
a democracy
The head of state of egypt makes the decisons in egypt.
A federal republic
A federal republic
A federal republic
executive
In a police state, the government would control the actions of police.
A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.
A centrally planned economy is an economic system in which economic decisions are made by the state or government rather than by the interaction between consumers and businesses.
It depends on whether the means of production are owned by the state (state capitalism) or by private capitalists (private capitalism). Free enterprise is a largely mythical variety of private capitalism.