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Central government directs all major economic decisions
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- Western European Nations,
- Organization overrides sovereignty(domination) of it's individual members
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Buyers and sellers control production
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Oligopoly
Few firms dominate industry
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Over saw end of communist/soviet Union(Russia)
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- Founder of Russian Communist Party
- Creater Soviet of Soviet State
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- Russian President 2000-2008
- Current Prime Minister of Russsia
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- Chinese Communist Leader
- Disasterist Policies(Great Leap Forward/Cultural Revolution)
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- Past U.S. President
- Economic Policies(Failure)
- Increase military spending, cut taxes, balance budgjet
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