Characteristics of a Centrally Planned Economy?

Answer

The characteristics of a centrally planned economy are diversified. This where the government controls all activities. They include controlling what is produced and who produces it.
Q&A Related to "Characteristics of a Centrally Planned Economy..."
Ponies.
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A centrally planned economy is when the government makes the decisions about what will be produced, who will produce, when and how it be produced. Essentially, the government runs
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A centrally planned economy provides services such as
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China's economy is really a hybrid economy. The most important thing to remember is that China is led by the Chinese Communist Party, which has firm control over the government and
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Characteristics of a planned economy are features or qualities used to identify a planned economy. One of these characteristics is a lack of any consumer or producer ...
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