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How did central planning affect consumers in the former soviet union?
Wiki User
∙ 11y ago
Central planning enabled even the poorest peasants to have enough food, shelter, education and medical treatment.
Wiki User
∙ 11y ago
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Command economies as in the former Soviet Union often have terrible shortages of common consumer goods like bathroom tissue How do market economies usually avoid such terrible shortages?
In market economies consumers learn not to want things that are not supplied, so there can never be a real shortage in a market economy.
What are the three different types of economies and how are they different?
Command and Market: Traditional:Economy dominated by methods and techniques that have strong social support even though they may be old-fashioned or out of date.Command: An economy that is planned and controlled by a central administration, as in the former Soviet Union.Market : An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.
What is one of the major disadvantage's of a centrally planned economy?
The fundamental disadvantage of a centrally planned economy is that local conditions, which often vary from one place to another (and can change rapidly), cannot be accounted for at the highest levels of planning. Another serious disadvantage is the cost incurred by such an economy's numerous executive agencies and administrators.
How would you describle the quantity and quality of output generated by a former employee?
How would you describe the quantity and quality of output generated by the former employee
What was the former Brazilian monetary unit?
cruzero
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Vladimir Lenin
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What deos Perestroika mean?
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Gulag
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Former California governor and organizer of the central pacific railroad?
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Moscow
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Where is former Ottawa central railway?
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