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There are two types of economic system that follows the command economy;

Communism: Government owns and operates all sources of productions, such as labor, capital, entrepreneurs, natural resource and information system. Ex: North Korea.

Socialism: Government owns and operates only selected major industries. Such as China, and some Asian countries.

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What type of countries are command economies found?

It is often found in democratic countries.


What countries are under command economies?

China, South Korea, Cuba, and Russia are countries that are under command economies. This type of economy is common in a communistic country.


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command economies in Vietnam cambodia and laos, market economie on the Philippines, and mixed economies in Singapore and Indonesia


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There are command economies, which you would find in a dictatorship or true monarchy, free economies, which you would find in Democracies or Republics, there is the mixed economy, Which is what we have, and finally there is the traditional economy which describes tribal and agricultural economies.


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In which type of governments does a local governments exist only to assist the central governments?

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