An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
It is a controlled by the government
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
command economy
Command Economy
An economy controlled by the government is called a centrally planned economy. It can also be referred to as a command economy.
It is a controlled by the government
Under a planned economy, all productive resources are government owned and controlled. This type of economy is also called a command economy.
command economy
Command Economy
command economy
command economy
How an economy is controlled depends on what system that economy is following. And economy can be controlled by the relationship between supply and demand, or by government fiat, for example. It can also be controlled by a country's relationships with other countries.
command
YES
Controlled
it grew and heavily controlled the economy