Command Economy Countries 2025

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Command Economy

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No

Command Economy

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Country
Command Economy
Additional Details
Iran Flag
Iran
Venezuela Flag
Venezuela
North Korea Flag
North Korea North Korea is a notoriously secretive country and details on the exact structure and form of its economic system are difficult to obtain. However, economists widely believe the country operates under a command economy.
Cuba Flag
Cuba
Belarus Flag
Belarus
Libya Flag
Libya
China Flag
China China maintained a command economy until 1978 when it began its transition to a mixed economy that blends communist and capitalist elements.Its current system has been described as a socialist market economy.
Russia Flag
Russia Russia’s economy has mutated into a hybrid economic system, neither a nonmonetized command economy nor a monetized market economy.