Witryna2 dni temu · Economic equality is the main incentive for using a command economy. Log in for more information. Added 1 day ago 4/12/2024 3:56:19 PM. This answer has been confirmed as correct and helpful. Comments. There are no comments. Add an answer or comment. Log in or sign up first. 37,686,403. questions answered. Sh are … Witryna1 sty 2008 · Abstract. The concept of a ‘command economy’, a construct in the theory of comparative economic systems, is defined, and its origins, characteristics, and consequences for any society in which ...
Command economy - definition and meaning
In a command economy, the government determines what is produced, how it is produced, and how it is distributed. Private enterprise does not exist in a command economy. The … Zobacz więcej Command economies, where the government determines output levels and prices, come with many advantages, which include low or non-existent unemployment, … Zobacz więcej WitrynaEconomic equality is the main incentive for using a command economy. Log in for more information. Added 1 day ago 4/12/2024 3:56:19 PM. This answer has been confirmed as correct and helpful. Comments. There are no comments. Add an answer or comment. Log in or sign up first. 37,684,508. questions answered. GET. Answers. … rothwell pistol club
ECON chapter 2 guided reading (lesson 1) Flashcards Quizlet
Witryna22 lis 2024 · A command economy is an economic system in which the government, or the central planner, determines what goods and services should be produced, the supply that should be produced, and the... WitrynaWhat is the disadvantage of a command economy? DISADVANTAGE: there is not enough to meet the wants of consumers. No incentive to work hard. (people with … WitrynaIn command economies, decisions about both allocation of resources and allocation of production and consumption are decided by the government. In market economies, there is private ownership of resources—established though property rights—and the factors of production and consumption are all coordinated through markets. rothwell podiatry