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Command economy - Simple English Wikipedia, the free encyclopedia


A command economy, or a planned economy, is where the big decisions are ... Countries with command economies include Burma, Cuba, Iran, Liberia, and ...

What countries have a command economy? | Reference.com


As of 2014, Iran, Cuba, China and North Korea have command economies. In a command or planned economy, a central government authority formulates ...

Command economy - RationalWiki


Jun 26, 2016 ... The two major countries with command economies, China and the Soviet Union, both began dismantling them in the 1980s, although the ...

Command Economy: Definition, Characteristics, Pros/Cons - Money


Aug 12, 2016 ... A command economy is planned by a government to attain its societal goals. Here are 5 characteristics, pros, cons, and examples of countries.

Mixed economy | Economics Help


Nov 28, 2012 ... A mixed economy means that part of the economy is left to the free market, and ... Developed countries, such as in Western Europe, often choose to provide state ... and government control prevalent in a command economy.

Command Economy, Planned Economy | Economy Watch


Oct 13, 2010 ... China and former USSR and are perhaps two of the best instances of Command Economy. Though many countries now-a-days are switching ...

Planned economy


Although most economies today are market economies or mixed economies ( which are partially planned), planned economies exist in some countries such as  ...

What countries have a market economy? | eNotes


Oct 4, 2009 ... Most of the countries today have a combination of market economy and command economy. There are no countries that pure market economy ...



of economic system that particular country practises. 1. MARKET ECONOMY ( also called FREE ENTERPRISE ECONOMIES or CAPITALIST ECONOMY). 2.

List of 16 Big Pros and Cons of a Command Economy | ConnectUS


Jun 6, 2015 ... For a command economy, it is primarily implemented in communist countries, such as the former Soviet Union, Cuba and North Korea.

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Command Economy Definition | Investopedia


The command economy is a key feature of any communist society. Cuba, North Korea and the former Soviet Union are examples of countries that have ...

Command Economy: Definition, Characteristics, Advantages ...


Command Economy Defined. A command economy is an economy in which the government has the power over the financial management of the country.

Command Economy Definition, Examples, Cases, Processes


A country maintaining a command economy, sometimes referred to as a “planned economy,” makes decisions based on macroeconomic goals of maximizing ...