Which economic system is based on a state controlled system, where the state makes the economic decisions?

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11-07-2017
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Which economic system is based on a state controlled system, where the state makes the economic decisions?

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bethchrispen bethchrispen · Answer 1 · 2017-07-14T06:06:44+02:00

bethchrispen bethchrispen

14-07-2017

A centrally planned economy is an economic system in which the state or government makes economic decisions rather than the interaction between consumers and businesses

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