the government makes all the decisions, he is a dictator
who makes australia's economic decisions
the government makes all the decisions, he is a dictator
The economic decisions of India are made by the Ministry of Finance. The Ministry of Finance makes crucial decisions regarding taxation, import quotas and the formation of economic policies.
2012
the president...
Ministry of Finance
Government officials and legislatures make economic decisions
The Consumers (NOVANET)
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.
Individuals own the factors of production and make economic decisions in a market economy. This is in contrast to a command economy, where the government makes those decisions.
The people who is in head of the business.