is atype of economic system is also known as a centrally planned system.

Centrally Planned Economy

Explanation:

A centrally planned economy, also known as a command economy, is an economic system in which a central authority, such as a government, makes economic decisions regarding the manufacturing and the distribution of products. Centrally planned economies are different from market economies, in which such decisions are traditionally made by businesses and consumers.

The production of goods and services in command economies is often done by state-owned enterprises, which are government owned companies. In centrally planned economies, which are sometimes referred to as "command economies", prices are controlled by bureaucrats.

A centrally planned economy is the one where means of production, land,labor ,capital and entrepreneur are owned and controlled by the government

Explanation:

This is an opposite of free market economy where means of production are in the hands of private individuals who canvass for ways to increase their wealth  rather than providing basic services which are crucial to continued survival of the people as it is found under a centrally planned economy which is also known socialist economy.

There is imposition on the consumers rather than a situation where consumers are allowed to make their choices since government running a  business venture in a monopolistic way would not allow competitors to operate which might bring about increased efficiency.

balanced lifestyle would be the type of lifestyle that fulfill all aspects of our life, including financial security, personal achievements, emotional balance, and intimate relationships with other people.

for me personally, the job that i would choose to achieve a balanced lifestyle is opening an online store.

online store can be managed from the comfort of our phone. if we are the owner of the store, we can determine our own working hours. we can arrange our working hours so we have time to do things such as taking care of children, cultivating romantic relationship, or do our hobby.

credit history is used by lenders to determine whether you are a 'risky' person to give their money to.

having a short history provide very little data for the lenders. they wouldn't be able to determine your credit behavior from such a small samples. even if they are perfect.

having long credit history with few blemishes provide larger and more accurate data for the lenders to predict your credit behavior.