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[DOC File]Graphic Organizer - Weebly
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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
what is the problem with command economies

[DOC File]CHAPTER OVERVIEW - Crawford
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Command Economy Advantages. Great changes can be brought about in a short period of time. Great achievements, such as the building of the Great Wall of China or the Sphinx in Egypt, can be accomplished. Disadvantages. It can be cruel and arbitrary. One person, small group, or . tyrant, may direct the command economy. Tyrant may decide who will ...
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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.
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Command Economy
Oct 13, 2020 · A command economy is a system where the government, rather than the free market, determines what goods should be produced, how much should be produced, and the price at which the goods are offered ...
characteristic of command economy

[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
3 define a command economy

[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. the elimination of bottlenecks in the supply of key commodities.
main feature of command economy

[DOC File]DOT
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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 ...
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[DOC File]Basic Economic Systems-“Command vs
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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]Edu @ Thinus - Home
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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 the problem with command economies

[DOC File]Example of Market economy some say it is U
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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. ...
examples of command economies include quizlet

What is command economy