The primary characteristic of a command economy is that supply and price are regulated by the government instead of the market. In this way, the government decides which goods are produced and how they should be distributed.
There are a few main characteristics of a command economy. These include having the government make decisions about which sections produce what products, the demand being based on the decision of the market economy, and the pricing being decided by the government.
There are a few main characteristics of a command economy. These include having the government make decisions about which sections produce what products, the demand being based on the decision of the market economy, and the pricing being decided by the government.
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
what is the history behind command economy
Command Economy is an example of Dictatorship.
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
North Korea has a command economy.
One of the chief characteristics of a command economy, is that the individual pursuit of wealth is replaced by a concerted effort from all economic channels to improve society as a whole.
its his command in economy
it is a command economy da
The USSR had a command economy, Russia today has a free market economy.