It is often found in democratic countries.
China, South Korea, Cuba, and Russia are countries that are under command economies. This type of economy is common in a communistic country.
command economies in Vietnam cambodia and laos, market economie on the Philippines, and mixed economies in Singapore and Indonesia
There is no member of the EEC that has adopted a communist economic system.
The Type of Economic System that is found in many European countries is a Traditional economy
Most countries today have a mixed economic system. This means that they combine elements of both market economies (where prices and production are determined by supply and demand) and planned economies (where the government controls production and prices).
China, South Korea, Cuba, and Russia are countries that are under command economies. This type of economy is common in a communistic country.
There are several countries that have a market based economies. France and England are two countries that have this type of economy.
command economies in Vietnam cambodia and laos, market economie on the Philippines, and mixed economies in Singapore and Indonesia
There is no member of the EEC that has adopted a communist economic system.
There are two types of economic system that follows the command economy; Communism: Government owns and operates all sources of productions, such as labor, capital, entrepreneurs, natural resource and information system. Ex: North Korea. Socialism: Government owns and operates only selected major industries. Such as China, and some Asian countries.
There are command economies, which you would find in a dictatorship or true monarchy, free economies, which you would find in Democracies or Republics, there is the mixed economy, Which is what we have, and finally there is the traditional economy which describes tribal and agricultural economies.
Most countries today have a mixed economic system. This means that they combine elements of both market economies (where prices and production are determined by supply and demand) and planned economies (where the government controls production and prices).
The Type of Economic System that is found in many European countries is a Traditional economy
Less skilled or labour types jobs are found in less developed countries
Less skilled or labour types jobs are found in less developed countries
command economy
command economy