Question

The country best known for the state approach in the 1980s, where the government played a central role in economic decision-making was:

Answer 1

In the 1980s, the country for the state approach at the time when the government should play a role in economic decision-making is the Soviet Union.

The information related to the Soviet Union is as follows:

• It depends upon the ownership of the state in terms of production, collective farming, and the manufacturing made in the industry.
• The economic planning in this should be managed via the admin-command system.

Therefore we can conclude that In the 1980s, the country for the state approach at the time when the government should play a role in economic decision-making is the Soviet Union.

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