technologically oriented businesses
yes in a global economy government has less control over economic activity
it is the share of government spending in total spending in the economy
The part of a country's economic activity that is unrecorded and untaxed by its government.
State capitalism. Not Communism, which has no government and no wages system.
The government can influence the economic activity by increasing the amount of money in the economy. Some example have been stimulus checks and amended tax rates, that have happened in the past.
yes in a global economy government has less control over economic activity
it is the share of government spending in total spending in the economy
The part of a country's economic activity that is unrecorded and untaxed by its government.
State capitalism. Not Communism, which has no government and no wages system.
The government can influence the economic activity by increasing the amount of money in the economy. Some example have been stimulus checks and amended tax rates, that have happened in the past.
These are how an economy is doing in a particular area. This will vary depending on the time in history, the country, and how much the government intervenes.
Colombia has a 'mixed' economy in terms of a certain level of Government regulation in what can be largely considered a free market economy. This is what most Western economies have. A command economy is what the old Communist States had: economic activity was almost totally dictated by Government demands and regulations. A capitalist economy has almost total freedom of economic activity with an absolute minimum of Government involvement. Not even the US has that, much to the regret of the Tea Party.
Fiscal tax is when the government uses revenue collection to influence the economy. This influences the demand of economic activity.
A command economy is a system where the government controls economic activity and the production and distribution of goods. In a capitalist economy, such things are determined by market forces.
Melanie Sritua Arief has written: 'The Indonesian economy and politics, 1963-1986' -- subject(s): Bibliography, Economic conditions, Politics and government
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Free economy and Command economy