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Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
Market economy
corporations
mixed capitalism
Socialismsocialism(Kaylop)
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
Market economy
Capitalism
The type of economy that offers producers freedom is a market system. Individuals control production. A country that uses this type of system is Chile.
corporations
The Democratic Republic of Congo has a Command economy. Which mean that the power to run the economy is held in the hands of an elite group that makes all the decisions The reason for this type of economy is because of the dictatorship of Mobutu that lasted for more then 35 years. Even though Mobutu is not in power anymore it is hard for the economy to grow because the main source of income, which are the mines, are owned by government agencies. So even thought the country itself has natural resources in abundance, the people do not get any of that money because of the people who are running the economy.
The Democratic Republic of Congo has a Command economy. Which mean that the power to run the economy is held in the hands of an elite group that makes all the decisions The reason for this type of economy is because of the Dictatorship of Mobutu that lasted for more then 35 years. Even though Mobutu is not in power anymore it is hard for the economy to grow because the main source of income, which are the mines, are owned by government agencies. So even thought the country itself has Natural Resources in abundance, the people do not get any of that money because of the people who are running the economy.
It will be on Lake Anna in North Anna Virginia. It will be of the economic simplified pressurized water reactor type. Owned by Dominion Resources. It will be on Lake Anna in North Anna Virginia. It will be of the economic simplified pressurized water reactor type. Owned by Dominion Resources.
mixed capitalism
Socialismsocialism(Kaylop)
Turkey enjoys a free market economy. There use to be many state owned companies, but many have been privatized under the Erdogan government.
organisms