Which country's economy has the most government control out of all the countries in the world?
Social Studies · High School · Mon Jan 18 2021
Answered on
The most government control over its economy because economic systems can change, and different indices may provide varying perspectives. However, historically, countries with a high degree of government control over their economies have often been associated with socialist or communist ideologies.
One example is North Korea, where the government exercises extensive control over economic activities, and state ownership is prevalent across various sectors. Cuba is another example of a country with a socialist system that involves substantial government control over the economy.
It's important to note that economic conditions and government policies can change, so the situation may evolve over time. For the latest and most accurate information, it's recommended to refer to recent economic analyses and indices.