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Advantages and Disadvantages of Command Economy
Oct 13, 2020 · The command economy is a key feature of any communist society. Cuba, North Korea, and the former Soviet Union are examples of countries that have command …
countries with command economy

[DOC File]CHAPTER OVERVIEW - Crawford
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Traditional Economy: an economic system that is based on what has been done in the past. Command Economy: an economic system in which the government usually decides what to produce, how to produce it, and who will consume it. Mixed Economy: an economic system that is a combination of the different economic systems. 1
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[DOC File]Traditional Economy
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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. Most governments in the world are mixed. 1
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Command Economy Definition
Command Economy. In a Command Economy or Planned Economy, the central or state government regulate various factors of production. In fact, the government is the final authority to take decisions regarding production, utilization of the finished industrial products and the allocation of the revenues earned from their distribution.
main feature of command economy

[DOC File]DOT
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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. the elimination of bottlenecks in the supply of key commodities.
goals of a command economy

[DOC File]Edu @ Thinus - Home
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In _____ economic system the _____ has total control over the economy. Command economies are characteristic of nations that embrace the political ideology of _____. Critics of command economies claim that _____ workers are rewarded because everyone is treated the same. ...
command economies produce goods that

[DOC File]Three Economic Systems q2 w3
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The command economy is characterized by public ownership of nearly all property resources and economic decisions are made through central planning. The planning board, appointed by the government determines production goals for each enterprise. The division of output between capital and consumer goods is centrally decided based on the board’s ...
communist command economy definition

[DOC File]Basic Economic Systems-“Command vs - Weebly
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command. economy, the government makes all the decisions. The Soviet Union was a command economy. The government decided who did what and who got what. Most countries are mixed, on a . continuum. between pure command economy and pure market economy; the government is involved in the market economy. How?
top 5 command economy countries

What is a command economy