The government owns and controls all major industries-apex
Companies compete with each other for business.
suggest the country that practices Command Economy and elaborate on its implementations?
Mongolia has a mixed government
Agronomics is the term that applies to a country with a primarily agriculturally based economy. The country’s process and development fully rely on agriculture.
The government owns and controls all major industries-apex
Companies compete with each other for business.
suggest the country that practices Command Economy and elaborate on its implementations?
Mongolia has a mixed government
Agronomics is the term that applies to a country with a primarily agriculturally based economy. The country’s process and development fully rely on agriculture.
Israel was a command economy by the 80's, but after a transition that finished in 1998 it is now a market economy.
cuba
Cuba is one of the command economies in the Caribbean.
It all depends on the region
Singapore is not a poor country
North Korea
The term that applies to a country in which the economy is primarily based in diverse industries is called a market based economy. This means that people of that country buy diverse things there, such as gifts, or fresh food, and don't depend on one industry.