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What did China's steps to modify its centrally planned economy include?
China's steps to modify its centrally planned economy includes reversing the market regulations. They also encouraged literacy in the economy markets which worked to their advantage.
Which country has most extreme example of a centrally planned economy?
the most extreme example of a centrally planned economy are china,hongkong,cua and north korea
How would the Chinese economy be characterized?
china's economy is a centrally planned economy with a high level of government control
Is planned economy the same as mixed economy?
china is centrally planned economy its means that all the things in china are occupies by china government. they will decide what to produce, where to produce, how to produce it also decides that in which quantity they has to produce the thing.
What does the government control in a centrally planned economey?
Everything that involves money. In China they have planned economy and the government carefully checks every business, taxes them and sometimes supports them.
What did China's steps to modify its centrally planned economy include?
China's steps to modify its centrally planned economy includes reversing the market regulations. They also encouraged literacy in the economy markets which worked to their advantage.
Which country has most extreme example of a centrally planned economy?
the most extreme example of a centrally planned economy are china,hongkong,cua and north korea
How would the Chinese economy be characterized?
china's economy is a centrally planned economy with a high level of government control
Can you name a country that has a planned economy?
North Korea is the most centrally planned economy in the world. Most others allow for *some* degree of private trade. Some other less centrally planned economies are: - China - Russia - Cuba
Is planned economy the same as mixed economy?
china is centrally planned economy its means that all the things in china are occupies by china government. they will decide what to produce, where to produce, how to produce it also decides that in which quantity they has to produce the thing.
What does the government control in a centrally planned economey?
Everything that involves money. In China they have planned economy and the government carefully checks every business, taxes them and sometimes supports them.
Which specific countries have centrally planned economy?
Sweden. The government is in complete control of everything, and they pay a lot of taxes, which results in them having universal health care. Unlike Canada, Sweden pays for university, day care, ect.
What is another name for command economy?
A command economy can be referred to as a:planned economy,centrally planned economy,command and control economyA command economy was used in communist countries. Examples are the former Soviet Union, North Korea, the People's Republic of China, and Cuba.
Which countries has directed planned economy?
china cuba
What is the China's economic system?
China has a "mixed" economy, part socialist/communist, part capitalist. It's centrally managed by an authoritarian government.
What is China's economic systems?
China has a "mixed" economy, part socialist/communist, part capitalist. It's centrally managed by an authoritarian government.
Why does China have a mixed econamy?
China is no exception. China's traditional planned economy system is limited to state-owned enterprises, which are undergoing reform. ... The coexistence of the planned system and the market system, as well as governmental intervention and regulated policies, constitute China's mixed economy.
