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Countries with poor economies often experience unstable governments due to a lack of resources and opportunities, which can lead to high levels of poverty and unemployment. Economic hardship can exacerbate social tensions and conflict, making it difficult for governments to maintain order and legitimacy. Additionally, limited financial resources may hinder effective governance and the provision of public services, further undermining citizens' trust and increasing political volatility. This cycle can create a challenging environment for sustainable development and democratic governance.
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What type of countries are command economies found?
It is often found in democratic countries.
Do command economies often exist in democratic countries?
yes
What are the main features of a traditional economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
Who runs a command economic system?
A command economic system is typically run by a central authority, such as the government or a central planning agency. In this system, the government makes all decisions regarding the production, distribution, and consumption of goods and services, often with the aim of achieving specific social or economic goals. Examples of countries that have historically operated under command economies include the former Soviet Union and North Korea. The system contrasts with market economies, where decisions are driven by supply and demand.
What is the state that makes all the economic decisions called?
The state that makes all economic decisions is often referred to as a "command economy" or "planned economy." In this system, the government centrally controls production, pricing, and distribution of goods and services. This contrasts with market economies, where these decisions are largely made by individuals and businesses through supply and demand. Examples of countries with command economies include North Korea and, to some extent, Cuba.
What type of countries are command economies found?
It is often found in democratic countries.
Do command economies often exist in democratic countries?
yes
In a country where the gap between rich and poor widensthe government often?
becomes unstable
In a country where the gap between rich and poor widens, the government often?
becomes unstable
In a country where the gap between rich and poor widens the government often .?
becomes unstable
How are conflicts too often decided in unstable government whose rights are denied when this happens?
Jesus
What are the main features of a traditional economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
What is the definition of tradition-based economy?
An underdeveloped economy in which communities use primitive tools and methods to harvest and hunt for food, often resulting in little economic growth. Traditional economies are often found in rural regions with high levels of subsistence farming. Countries that evolve their economies past the traditional level often develop into market economies or command economies.
Command economies often have what type of governments?
There are two types of economic system that follows the command economy; Communism: Government owns and operates all sources of productions, such as labor, capital, entrepreneurs, natural resource and information system. Ex: North Korea. Socialism: Government owns and operates only selected major industries. Such as China, and some Asian countries.
What type of countries often have mixed economies ?
Countries with a mixed economy include Iceland, Sweden, France, the United Kingdom, the United States, Russia and China. These countries have a mix of government spending and free-market systems based on the share of government spending as a percentage of gross domestic product.
What is the common term given to the Latin American countries whose economies were indirectly controlled by the United Fruit Company in the 19th and 20th centuries?
The common term used to describe the Latin American countries whose economies were indirectly controlled by the United Fruit Company is "banana republics." This term refers to nations that are politically unstable and economically dependent on a single export commodity, typically bananas in this context, leading to foreign corporate influence and intervention in domestic affairs. The United Fruit Company's practices often resulted in significant political and social repercussions in these countries.
Which of the following statements about foreign companies in Latin America was true?
Foreign companies often controlled the economies of Latin American countries
