suggest the country that practices Command Economy and elaborate on its implementations?
Mongolia has a mixed government
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
Cuba is one of the command economies in the Caribbean.
Singapore is not a poor country
suggest the country that practices Command Economy and elaborate on its implementations?
Mongolia has a mixed government
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
Israel was a command economy by the 80's, but after a transition that finished in 1998 it is now a market economy.
Cuba is one of the command economies in the Caribbean.
It all depends on the region
North Korea
Singapore is not a poor country
This is a form of planned economy which is called a command economy. Command economies are central to the ideology of socialism.
The command economy is a key feature of any communist society. China, Cuba, North Korea and the former Soviet Union are examples of countries that have command economies.
India has a commanded economy under the new prime minister. It means the country has economy in its hands.
i think its means Rwanda