0
When the government controls the entire economy, it is called a centrally planned economy.
Wiki User
∙ 9y ago
Add your answer:
Earn +20 pts
What factors and resources does the government own in a centrally planned economy?
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
What is word for a company that controls and entire indurtry?
A company that controls an entire industry is a "monopoly".
Does reducing government spending improve or exacerbate an ailing economy?
It may temporarily improve the government's bottom line, but because government spending is such a large part of a country's economy, the net result is a drastic negative impact on the economy where entire industries (such a defense contractors) may cease to exist.
What is the status on Portugal's economy?
Portugal's major economic problem is debt. We can blame it's government, and especially the Prime minister, Jose Socrates for dumbing down the entire economy and country with a series of ineffective policies.
What is a word for a group that controls entire industry?
Monopoly
What is the name for the form of government where power is held by one person This person controls the entire government.?
autocracy beneficial
What is the name for the form of government where power is held by one person This person controls the entire government?
autocracy beneficial
What is the name for the form of government where power is held by one person This person controls the entire government .?
autocracy beneficial
What factors and resources does the government own in a centrally planned economy?
The factors and resources that the government owns in a centrally planned economy include decisions, pricing, and the entire market.
What is word for a company that controls and entire indurtry?
A company that controls an entire industry is a "monopoly".
The situation in which a single company controls an entire industry is called what?
a trust
Does reducing government spending improve or exacerbate an ailing economy?
It may temporarily improve the government's bottom line, but because government spending is such a large part of a country's economy, the net result is a drastic negative impact on the economy where entire industries (such a defense contractors) may cease to exist.
Is the economy really Obama's fault when George Bush got us involved in a war we couldn't afford and why is Obama the only president in US history to get judge so much?
Absolutely, Obama is responsible for driving the US economy into the tank. He is a profligate spender who likes big government and is pleased to see cradle to grave government controls. He is a statist and socialist who seeks a global government for the entire world. Another opinion: President Obama has contributed about 25% of the national debt so far - and a lot of that comes from winding down the two wars Bush started. Cradle to grave government controls and global government sound good to me - much better than corporate government, which is the alternative.
What is the name of the government that run the entire US?
it called the colombia stupid
One person who controls the entire country?
@@@
What is the status on Portugal's economy?
Portugal's major economic problem is debt. We can blame it's government, and especially the Prime minister, Jose Socrates for dumbing down the entire economy and country with a series of ineffective policies.
What Part controls the entire cell?
nucleus...
