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Government ensures a what system to control money?
It has an economic system
What type of political system has collective government ownership of the economic system?
Socialism
The U.S. originated the internet - it is a reservoir of knowledge and a pulse to the rest of the world why didn't this knowledge help the U.S. forsee and avoid the global economic crisis?
The global economic crisis is not an organic thing - it is a function of economic tampering and profiteering by some very powerful economic forces. The U.S. can't fix or avoid this because it currently has an illegal banking system that is not subject to congressional oversight, headed by the Federal Reserve. This system allows something called the "military industiral complex" (President Eisenhower called it this) to create useless war and make profits from it. If the U.S. doesn't go back to Constitutional government it is in the same boat as the rest of the world and it will be unable to take a leadership position and fix this mess.
What is the role of government in a laissez-fair economic system?
The role of the government is very limited. The literal translation from French is "let be". The government in this system strictly provides a legal system where property rights and contracts can be enforced. Past that, the government is not involved in economic activity. Transactions are free from taxes, tariffs, regulations, etc. This system has never truly existed anywhere because, obvioiusly, the existence of government to provide a legal system requires taxes of some sort to be collected. So, in practical terms, it refers to a system where the government interferes with commerce as little as possible.
What type of government did the Wei Dynasty have How did it work function What type of economic system did the Wei Dynasty have How did it work function?
popopopopop
An economic system in which the central government directs all major economic decisions?
an economic system in which the central government directs all major economic decisions
What is the economic system which has a socialist economic system and a totalitarian form of government?
CommunismNovaNet
Is traditional economic system controlled by government?
NO. In a traditional economic system, the government does not involve itself with transactions, primarily since the barter system makes it difficult for the government to monitor transactions.
In the US what role does the government play in the economic system?
the government enforces economic laws and regulations
How does the government control the economic system?
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
Government ensures a what system to control money?
It has an economic system
What are the elements of the economic system of government?
ManufacturingRegulationDistribution
What type of system has a socialist economic system and a totalitarian form of government?
Socialism has no wages or only or prices, hence no economic system. It also has no classes or rulers or government.
What system has a socialist economic system and a totalitarian form of government?
Capitalism
What is a system which has a socialist economic system and a totalitarian form of government?
Father
The government does what in a planned economy?
Runs the economic system
What does the government do in the planned economy?
runs the economic system
