OK, this is going to be lengthy, but please do bear with me.
I can give you a backwards example. When the Turkish Republic was formed in 1923 none of the private citizens had enough money to open up a bank, or any serious business. So the government took over almost every aspect of production and big retail. One of the government funded corporations was TZDK (Turkiye Ziraai Donatim Kurumu- Turkish Agricultural Supply Corp.)
If you were a farmer, this was the only outlet (monopoly), that would sell you a tractor, fertilizer, seeds, and give you credit for buying these supplies. Over the years more of the population got an education (government supplied); through better health care (government supplied) life expectancy grew from 43 to 65, early child death rate dropped sharply. The better educated youth, not being able to find work in agriculture moved to the cities. The less entreprenual of these youths went into government jobs, less pay, but once you were in government you were almost guaranteed a lifetime of income, plus a pension.
At that time the monetary policy of the country was to keep as much money in the country as possible. “Buy Turkish” was the mantra, everything that needed to be imported (i.e. fertilizer) was heavily regulated. So if you were a farmer, and wanted to buy 100lbs of fertilizer for your 10 acre tomato patch, first an agricultural engineer had to come, with a cartographer, to verify that you are actually planting tomatoes on 10 acres. Then the agricultural engineer had to verify you had enough irrigation, correct climate/soil quality to grow tomatoes, and if you needed 90 or 110 lbs of fertilizer and write a prescription for it. At the end of the season, the government (TZDK) would collect the data and import how much fertilizer was needed. At the start of the season, you would take your prescription to TZDK and get your fertilizer… if you could pay in cash… or apply for credit to buy the fertilizer which you had been prescribed.
Can you say Keynesian economics ? 1 agriculture job that actually creates a good, and 5 government jobs that regulates the creation of that good who are being paid by the taxes that 1 person who actually creates that good. At some point, the government ran out of money as 1 farmer couldn’t be taxed enough to pay for 5 bureaucrats, then the government started printing money. More money chasing same amount of goods drove prices higher (inflation ?), when the bureaucrats couldn’t feed their families on their income, they demanded a raise, politicians who needed the votes, bent over. On top of all, it was time for to pay the debts that incurred from forming all these government funded corporations, which the government had no money to pay, and responded by printing even more.
Around 1980, Turkish Lira was trading against the US $ for 0.90TL to $1 around 1988 it was 1.600.00 (one million six hundred) TL to $1… 80 to 120% inflation for 8 years in a row will do that… Where I guess they wizened up, they divided TZDK and its financing hand, into 8 regions, and sold it to private enterprises. The financing hand The Turkish Agricultural Bank (Fannie Mae ?) although privately owned still subsidies agricultural investments through government subsidies. TZDK divided into 8 regions and now is privately owned went under some serious re-structuring via early retirements, lay-offs.
Today you can go to 1 of those 8 offices, and buy as much as fertilizer as you would like; plant 5 or 100 acres of tomatoes without government intervention. Heck if "you think" corn is going to bring in more cash you can plant corn, not the 10 acres of tomatoes you were supposed to.
Please let me know if this was any help to you