answersLogoWhite

0

What else can I help you with?

Related Questions

Which economy is the least likely to be found in Europe?

command economy is the least likely to be found in europe


When chris goes to the local grocery store the majority of the products are available in only one brand. Chris most likely lives in a country with which type of economy?

Command economy


Which is least likely to be found in Europe?

Command economy


A country moving from a command economy to a market economy will most likely?

reduce government control of business.


What types of economy's is most likely to develop new and better products?

A Market economy is most likely to develop new and better products.


A country moving from a command economy to a market economy will most likely do what?

Reduce government control of business----- Study island question


Is a market command or traditional economy most likely to come up with new and better products?

A free market economy is more receptive to new products and idea. The freedom offered in such nations helps towards the development of new products. Traditional economies and nations tend to rely on the older methods of product production and are heavily regulated, giving new idea and products less attention.


What type of economy has the government make all choices?

Command Economy


Which type of economy is least likely to be found in the countries of Europe?

There is no member of the EEC that has adopted a communist economic system.


Which brand of luggage is likely to last longer?

Samsonite is a brand that puts high quality into their products.


What is a command government?

I believe the term is "Command Economy". This type of economy is where the state/Government has a very large role in the day to day lives of people, essentially controlling the economy in terms of production, working, etc. It is kind of a communistic type of Government. The purpose behind a Command Economy is that every individual is looked after. This is different than a "Free-Market Economy", in which the Government plays a smaller role in the day to day lives of individuals. Individuals are permitted for example to sell things for what price they want, and they are allowed to buy whatever they want and how many they want. Somebody may own ten pairs of shoes in a Free-Market Economy while it is lessl likely for something like that to occur in a Command Economy.


Is a mixed economy the same as a market economy?

No. When we say "market economy," we likely mean to say a free market economy-an economy unfettered with government policy interventions. This is usually stated in opposition to a planned command economy-planned by government personnel. Neither of these extremes exist in the real world. World economies are mixed economies. The difference between countries is the degree to which they are mixed. Economies such as Cuba and the former Soviet Union tend toward the command economy whilst economies such as Hong Kong and Singapore are cited as the freest market economies.