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Communism

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Match the economic system with the players who are responsible for the important economic decisions.?

Command economy: Government planners. Free-market system: Costumers and producers. Mixed economy: Government officials and producers


Which system involves total government control of a nation's economy?

Communism is the political system that called for government control of the economy.


What is system in which the major economic decisions are made by the central government?

Command economy


What is the command system?

Command system is when the government makes decisions or when the economic decision is taken by the central body. This type of system contrasts the market economy.


What kind of economic system does a communist government have?

Communist governments use what is known as a command economy. In a command economy, the government owns everything, employs everyone, and makes all economic decisions.


What are the 3 basic economic system models?

The 3 basic economic system models are mixed economy, command economy, and free-market economy. In a mixed economy recourse are owned publicly and privately while in a command economy resources are owned by the government.


What system of government opposed the ideas of command economy and territorial expansion in the 1930s?

Democracy


What is an economic system in which the government plans and determines the production of goods and services?

Command economy


A system in which all the means of production are owned and controlled by the government is known as?

A command economy :)


How did the command economy under Stalin differ from a capatalist economy?

A command economy is a system where the government controls economic activity and the production and distribution of goods. In a capitalist economy, such things are determined by market forces.


What is a command economy system?

Command Economy is an example of Dictatorship.


What is An economic system in which the government makes all economic decisions?

it's called a command economy