A command economy is one where a central authority controls all economic activity, 'commanding' what products are produced, and what crops are grown, investment and prices etc.
the best answer to make it more better to understand is
and command economy or planned economy is a noun
A command economy is an economic method where the price and supply of products are set and regulated by the government. The command economy is a key feature of a communist society.
A command economy is when the government owns all the businesses, make all the prices,and tell who gets to work there(under option). For example....
Say Germany is under a command economy by the US. The Us does all their businesses and owns all them,makes all the prices and tells show works there.
But a market economy is when anyone can own the business.
These economies are so named because the government has the power to command the nation's economic resources. It has complete control over the way these resources are used. It has the power to decide what should be produced, how it should be produced and for whom it shall be produced.
Command economy refers to an economic system where economic activities are governed by a central authority. The means of production are owned by the public.
A command economy is one where a central authority controls all economic activity, 'commanding' what products are produced, and what crops are grown, investment and prices etc.
A society that is controlled by the government that helps equality and stability. A society that is controlled by the government that helps equality and stability.
well command economy is when the government has all the control of what to sell or produce in a market and centrally planned economy...... my brain just went blank, have no idea,
A command economy.
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
The U.S. economy can be best described as socialism B. The U.S. economy is a pure market economy.
fluctuating
The economy is allowed to operate with no regulations or government interventions.
D
A command economy.
primary
mixed/command
The economy has improved because of a government reform program. A+
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
The U.S. economy can be best described as socialism B. The U.S. economy is a pure market economy.
Traditional
fluctuating
socialist The Libyan economy is controlled by the government.
The economy is allowed to operate with no regulations or government interventions.
The economy has improved because of a government reform program.