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.
Its the government because its the one that control all means of production.
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.
In a communist economy, all economic activities are controlled by the state or the government. This centralized control aims to eliminate private property and ensure that resources and production are distributed according to the needs of the community rather than individual profits. The government plans and manages all aspects of the economy, including production, distribution, and pricing, in an effort to achieve economic equality and eliminate class distinctions.
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.
Its the government because its the one that control all means of production.
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.
In a communist economy, all economic activities are controlled by the state or the government. This centralized control aims to eliminate private property and ensure that resources and production are distributed according to the needs of the community rather than individual profits. The government plans and manages all aspects of the economy, including production, distribution, and pricing, in an effort to achieve economic equality and eliminate class distinctions.
reduce government control over the economy.
Capitalist governments have varying degrees of economic control. Communism has no government and no economy (because no money or markets).
State capitalism. Not Communism, which has no government and no wages system.
An economic and political system where the government exercises strict control is typically referred to as a command economy or a centrally planned economy. In this system, the government makes all major economic decisions, including production, pricing, and distribution of goods and services, often prioritizing state goals over individual freedoms. This control can extend to political aspects as well, leading to authoritarian governance where dissent is suppressed, and individual rights are limited. Historical examples include the former Soviet Union and North Korea.
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.
North Korea is often considered the country closest to a command economy on the economic continuum. In such an economy, the government centrally plans and controls all aspects of economic activity, including production, distribution, and pricing. North Korea's government exerts strict control over resources and industries, limiting private enterprise and individual economic freedoms. This results in a system where most economic decisions are made by the state rather than by market forces.