WebA command economy is one where the government has a large or complete control of the economy (for example communist or socialist states such as North Korea or the former … WebNov 21, 2024 · The government determines economic choices and makes most decisions. The decisions made by producers and consumers drive all economic choices. Producers and consumers make some economic choices while the government makes others. See answers Advertisement ayokenny2001
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WebAug 7, 2024 · Belarus: This former Soviet satellite is still a command economy. The government owns 80% of the country's businesses and 75% of its banks as of 2024. 2 China: After World War II, Mao Tse Tung created a society ruled by Communism. He enforced a strictly planned economy. The current leaders are moving toward a market-based system. WebSep 23, 2012 · Who makes decisions about what to produce in a market economy? In a market economy, it is the producer, typically influenced by the demands of the consumer, … frank disney cars diecast
Which statement best describes a pure market economy?
WebThe four types of economic systems are: answer choices Traditional, Command, Mixed, & Market Traditional, Command, Combined, & Market Communism, Capitalism, Free Market, and Macroeconomics Microeconomics, Macroeconomics, Individual, and Traditional. Question 2 45 seconds Q. A command economy is when the government is in control. … Web1 day ago · EconoTimes is a fast growing non-partisan source of news and intelligence on global economy and financial markets, providing timely, relevant, and critical insights for market professionals and ... Web1 day ago · In fact, Bruce Lee was able to enter the NFT world, which is one of the technologies in this era. Through the actor’s Bruce Lee Estate, his $15 non-fungible token that is being advertised as “your... frank discovery