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[DOC File]What is Marketing
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The inability of the command economies of the former Soviet Union and Eastern Europe in the post-World War II period to expand production as rapidly as did the market economies of the United States, Japan, and Germany has resulted in a movement away from centralized planning and toward a market system in the 1990s. 2.15.
top 5 command economies

[DOCX File]Ghulam Hassan
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Due to a lack of positive incentives to motivate workers to be productive, a lack of understanding of government officials to correctly recognize individual and societal wants, and few goods and services available to citizens, command economies are inefficient.
what is economies of scale

[DOC File]Chapter 2
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One problem with a communist system is that a government doesn’t always know the right amount to produce because prices don’t reflect supply and demand. The government has to guess about the economic needs of the people. ... Command economies exist when the government largely decides what goods and services to produce, who will get them and ...
select all items that describe command economies

[DOCX File]cpb-us-e1.wpmucdn.com
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The economic problem. Opportunity cost. Economic systems. Market economies. Command economies. Mixed economies. What is Marketing? The term marketing has changed and evolved over a period of time, today marketing is based around providing continual benefits to the customer, these benefits will be provided and a transactional exchange will take ...
command economies definition

[DOC File]ANSWERS - McGraw Hill
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economies were organised around command rather than market principles. economies were organised around market rather than command principles. resources were available in unlimited quantities. incomes were distributed more equally. The economic problem arises from the coexistence of. unlimited wants and unlimited resources.
top 5 command economies

List of 16 Big Pros and Cons of a Command Economy – ConnectUS
Command economies are much less successful in coordinating demand and supply. a. This system does not have the ability to automatically and inexpensively collect information about consumer preferences and production capabilities.
what is economies of scale

[DOC File]Chapter 02
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In the command system, there is extensive public ownership of resources and the use of central planning for most economic decision making in the economy. One major purpose of Chapter 2 is to describe the major characteristics of the market system and explain how it works because it is the one found in most economies.
select all items that describe command economies

[DOC File]Edu @ Thinus - Home
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The command economies also faced an incentive problem. Central planners determined the output mix. When they misjudged how many automobiles, shoes, shirts, and chickens were wanted at the government-determined prices, persistent shortages and surpluses of those products arose.
command economies definition

What is the problem with command economies