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[DOC File]Edu @ Thinus - Home
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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.
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what to produce, how to produce it, and who shall receive the goods and services produced? command economy. market economy. traditional economy. mixed economy. Which statement best describes an aspect of a . command economy? Profit motivates individuals to set up private businesses.
command economy what how whom

[DOC File]Assignment: Economy
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For more than 70 years after The Russian Revolution, the Soviet government used a modified command economy and made all the important economic decisions including what was produced, where it was produced, how much was produced and how much the product cost. In comparison the United States is based on a modified market or capitalism economy.
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[DOC File]Basic Economic Systems-“Command vs
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For whom will goods and services be produced? The value of a good or service is determined by buyers and sellers. Buyers vote on what gets produced with their money. Those that spend their money are the ones who get the goods and services. The United States is a mixture of command and market resources; therefore, it is a . Mixed Economy.
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[DOC File]Chapter One – People & Government
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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.
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[DOC File]DOT
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In some cases, entrepreneurship is against the law. 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.
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[DOC File]CHAPTER OVERVIEW - Crawford
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Goods and services are produced and resources are supplied by whoever is willing to do so. The result is competition and widely dispersed economic power. The command economy is characterized by public ownership of nearly all property resources and economic decisions are made through central planning.
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[DOC File]Graphic Organizer - Weebly
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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 ...
what is command economy

[DOC File]Sample Questions for Case & Fair, Principles of Economics ...
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A command economy answers the questions through some centralized authority making decisions about what to produce, how to produce it, and how to distribute it. Difficulty: M Type: C. In a laissez-faire economy, what determines the distribution of output? It is determined by income and wealth.
what is a pure command economy

[DOC File]Economic Systems – Comparison Chart
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Traditional Economy Command Economy Free Market Economy Mixed Economy. Who decides . what. goods and services will be provided? Who decides . how. the goods and services will be produced? Who decides . who . should share in the use of the goods and services? Who owns the factors of production? Advantages . of this type of system? 1. 1. 1. 1. 2 ...
command economy what how whom

Command economy what is produced