an economic system in which the central government directs all major economic decisions
CommunismNovaNet
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.
the government enforces economic laws and regulations
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
an economic system in which the central government directs all major economic decisions
CommunismNovaNet
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.
the government enforces economic laws and regulations
the government controls the economic system through banks taxes and other ways inwhich we may not think of.
It has an economic system
ManufacturingRegulationDistribution
Socialism has no wages or only or prices, hence no economic system. It also has no classes or rulers or government.
Capitalism
Father
runs the economic system
runs the economic system