Command Economy. An example would be North Korea.
Controlled. U no that
IR
controlled A+
controlled
Controlled
controlled
The basic economic question are answered by a group of government planners. This was all because of control.
central government alone
central government alone
What to produce, how to produce it, and who to produce it for (the 3 economic questions) are answered primarily by private companies in the U.S. Rarely does the government intervene in private sector production.
The basic economic questions are answered by the customs of the past.
This is a controlled situation.
Controlled
controlled
The basic economic question are answered by a group of government planners. This was all because of control.
central government alone
central government alone
What to produce, how to produce it, and who to produce it for (the 3 economic questions) are answered primarily by private companies in the U.S. Rarely does the government intervene in private sector production.
discuss the basic economic problem?
market xtine In short, the economic activities in the Philippines are both free of intervention and with government regulations. It may be regared as mixed economy.
According to how the three basic economic questions are answered.
market