Command economy countries
[DOC File]Chapter One – People & Government
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77. command. economy. a central authority plans and controls what is produced and distributed. Example: In a command economy prices are set by the central authority. (SS060108) 78. mixed . economy. a combination of command and market economies. Example: In countries with mixed economies, the government may own some industries, while others ...
[DOC File]DOT
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Though many countries today are changing from Planned Economy to a Mixed Economy, nations like North Korea and Cuba are some countries where Planned Economy still occurs. In case of a Command Economy, both state-owned and private businesses receive direction and commands from the government about construction projects, the amount to produce ...
[DOC File]Edu @ Thinus - Home
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5. _____In a command economy, major economic decisions are made by. A. wholesalers of agricultural goods. B. officials of the government. C. manufacturers of industrial goods. D. consumer advocates. 6. _____People make decisions at the margin by. A. Following tradition C. Comparing costs and benefits. B. Experience D. Guessing
[DOC File]Comparison of Economic Systems
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In a command-type economy, economic planners would be concerned with all but one of the following areas. The exception is an appropriate allocation of resources between the production of consumer goods and capital goods.
[DOC File]Traditional Economy - Calendar
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Command Economy. Free Economy. Mixed Economy. Most countries around the world choose to use a mixed economic system. This is because _____ (all, some, no) country relies only on markets to deal with scarcity of essential goods and services.
[DOC File]Economic Systems – Comparison Chart
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The relationship between the United States and the USSR had always been strained because the political ideologies each supported, capitalism and democracy in the US and communism and a command economy in the USSR, were opposed to one another.
[DOC File]Graphic Organizer - Weebly
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Critics also claim that command economies result in _____ markets that operate outside the view of the government. Further, command economies can not compete with nations with _____ economies because they do not promote entrepreneurship and _____.
[DOC File]www.lcps.org
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C. Communism as a Command Economy. 1) In Communist nations, government planners decide how much to produce, what to produce, and how to distribute the goods and services produced. 2) This is known as a command economy. A) Decisions are made at the upper levels of government and handed down to managers.
[DOC File]Traditional Economy
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Only a few countries use the command economy today. The third economic system is the traditional economy. A traditional economy makes decisions based on what has been done in the past. People produce the same goods and services that were produced in the. past. People in one village in Africa may produce baskets because people who live there ...
Command Economy: Definition, Characteristics, Pros, Cons
Though many countries now-a-days are switching off from Planned Economy to a Mixed Economy, nations like North Korea and Cuba are some countries where Planned Economy still exists in full form. In case of a Command Economy, both state-owned and private enterprises receive guidance and directives from the government regarding production capacity ...
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