A+ The Government owns most of Turkey's major industries.
It would have been more apt, if it is reworded as How does the government regulation affect market economy. In a controlled economy, government decides what its economy should be and hence has no relevance.In a market economy, the fundamental aspect of Choice and freedom... This enables production as per market demand and also creation of new markets for products. Government regulations affect the choice and freedom and hence may affect the market dynamics and economy.
When inflation increase
A decade of republican government put the economy in debt. During Reagan's time the money was spend on defense spending.
Fiscal policy
How has westernization changed Turkey's government culture and economy
A+ The Government owns most of Turkey's major industries.
It would have been more apt, if it is reworded as How does the government regulation affect market economy. In a controlled economy, government decides what its economy should be and hence has no relevance.In a market economy, the fundamental aspect of Choice and freedom... This enables production as per market demand and also creation of new markets for products. Government regulations affect the choice and freedom and hence may affect the market dynamics and economy.
It made the economy bad
When inflation increase
Nihat Zeybekci is the Minister of Economy for Turkey.
A decade of republican government put the economy in debt. During Reagan's time the money was spend on defense spending.
Turkey Has A Free Market Economy !
Fiscal policy
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well the economy gets money....so its good for them because the government pays them for the damages a tornado does.
It has a market economy. BUT IT WAS a command economy