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What is an economic system in which land property and capital property are properly owned and equally allocated and planned not controlled by a free market?

Centrally planned economy


How does a government involved in a centrally planned?

The type of government determines how a government becomes centrally planned.


Is Italy centrally planned?

No. Since its creation in 1946, the Italian Republic has never had a centrally planned economy.


What characterizes a socialist economy?

It is 1) Nationalism, 2) Public welfare, 3)Taxation and 4) Centrally planned economy


Respiration is centrally regulated by the?

diencephalon


What does centrally necrotic mean?

It means that there is dead (necrotic) tissue at the center of the wound/lesion.Something that's centrally necrotic is dying in the middle.


How is a government involved in a centrally planned economy?

In a centrally planned economy, the central government decide which part of the country to allocate cash and which one not to.


Is ireland's economy centrally planned?

ummm


What is centrally planned democratic free economy?

A centrally planned democratic free economy is one whereby the budget making process involves everyone.


Why do centrally planned economies tend not to be efficient?

What are two reasons why a centrally planned economy tend to be less efficient than a market base economy


What is the most centrally located European Airport?

Prague, Czech Republic, is the most centrally located airport when the European part of the Russian Federation is not factored in. Kiev, Ukraine, contrastingly serves as the most centrally located airport when Russia's European extension is considered.


Why did the Soviet experiment fail?

The soviet experiment failed because societies can prosper only when the individual has proper incentives for his labor. Because the entire economy was centrally planned, and all industry was owned by the state, there were no incentives for managers and workers to innovate or improve their performance.