Generally speaking nations where much of the means of production are either owned or controlled by the central government control most of that country's economics. What also needs to be addressed is that dictatorships, either fascist or some other type also control the major aspects of a country's economy by virtue of their unlimited power to force their economies to produce certain goods or / and direct the paths of major industries.
The best example of this is Nazi Germany. Hitler's government did not "own" German industry but he could dictate what products they "should" produce.
It is said but it cannot be held as "doctrine" that Russia's major economic policies are governed by Mr. Putin.
Of course all nations calling themselves "communist" nations always play a huge role in their nations economics.
yes in a global economy government has less control over economic activity
A mixed economy is an economy that includes a variety of private and government control, or a mixture of capitalism and socialism. Relevant aspects include: a degree of private economic freedom (including privately owned industry) intermingled with centralized economic planning and government regulation. I have not been able to find another definitive name for a a mixed economy.
The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.
Its the government because its the one that control all means of production.
Capitalist governments have varying degrees of economic control. Communism has no government and no economy (because no money or markets).
yes in a global economy government has less control over economic activity
A mixed economy is an economy that includes a variety of private and government control, or a mixture of capitalism and socialism. Relevant aspects include: a degree of private economic freedom (including privately owned industry) intermingled with centralized economic planning and government regulation. I have not been able to find another definitive name for a a mixed economy.
A mixed economy is an economy that includes a variety of private and government control, or a mixture of capitalism and socialism. Relevant aspects include: a degree of private economic freedom (including privately owned industry) intermingled with centralized economic planning and government regulation. I have not been able to find another definitive name for a a mixed economy.
The command economy is the economic system that is associated with authoritarian governments and total control of the economy. The government imposes strict control of the production activities, pricing and exports.
Its the government because its the one that control all means of production.
reduce government control over the economy.
State capitalism. Not Communism, which has no government and no wages system.
Capitalist governments have varying degrees of economic control. Communism has no government and no economy (because no money or markets).
In a command economy, the government makes the economic decisions. This means that they control industry (including manufacturing and agriculture), as opposed to being controlled by the markets and the people. The government decides what goods to produce and how to distribute them.
Neil McMullen has written: 'The unbalanced economy' -- subject(s): Budget deficits, Economic conditions, Economic forecasting, Government spending policy 'Seeds and world agricultural progress' -- subject(s): Agriculture, Economic aspects, Economic aspects of Agriculture, Seed industry and trade, Seeds, Social aspects, Social aspects of Seed industry and trade
The basic economic question are answered by a group of government planners. This was all because of control.
No, the United States does not have a free market economy. Instead we have a mixed economy- government has some control over economic decisions ,but mostly acts as a regulator