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Who decide how goods and services will be produced command economy?
Wiki User
∙ 14y ago
That depends on the structure of control of society's resources.
In a social democracy (i.e., mob rule), an elected body decides.
In a Dictatorship, the dictator of someone under him decides.
Wiki User
∙ 14y ago
Wiki User
∙ 9y agogovernment officials
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Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
Which of the four econoic systems has the most involvement with the government?
Of the 4 economic systems the one that is most directly involved with the government is command economy. The definition of command economy is an economy where supply and price are regulated by the government rather than market forces. Government planners decide which goods and services are produced and how they are distributed.
In a command economy what does the government not do?
The government does not decide what goods consumers buy in a command economy.
What is a function of the government in a command economy?
Government planners decide which goods and services are produced and how they are distributed.The purpose of government in a command economy is to make major economic decisions. This is mainly aimed at protecting the consumers.
What is the type of economy where rulers decide what is to be produced?
A planned or command economy.
How do different societies decide what will be produced by whom will it be produced and for whom will it be produced?
In a free market economy, you the owner gets to chose who it is produced by, how it is produced and what is prdouced. In a command economy, the government chooses how it is produced, who it is produced by and what is produced. A mixed economy is mixed with command and free market.
Who decides what goods and services will be produced in a market economy?
In a market economy, it is the producer, typically influenced by the demands of the consumer, who makes decisions about what to produce. This is in contrast to a command economy where the government makes those decisions.
The difference between a command economy and a demand economy?
A command economy is a private business that the government does not support. It is purely driven by consumers. They decide on what is produced. A demand economy is a business where only the government decides what is produced. There is also something called a mixed economy and that is when the government supports private businesses and decides what is produced for them.
Which of the four econoic systems has the most involvement with the government?
Of the 4 economic systems the one that is most directly involved with the government is command economy. The definition of command economy is an economy where supply and price are regulated by the government rather than market forces. Government planners decide which goods and services are produced and how they are distributed.
In a command economy what does the government not do?
The government does not decide what goods consumers buy in a command economy.
What is a function of the government in a command economy?
Government planners decide which goods and services are produced and how they are distributed.The purpose of government in a command economy is to make major economic decisions. This is mainly aimed at protecting the consumers.
What is a command economic system is characterized by?
A command economic system is one in which people rely on the government to decide what products will be produced and who the products will be distributed to after they are produced.
How does the command economy decide how to produce?
The command economy looks at what is needed, and what is available, and allocates materials directly to production. There is often little choice in the selection of consumer goods, as there would be in a market-driven economy.
What best describes a command economy?
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.
Who chooses what to produce in traditional economy?
Families, Clans, or Tribes within the a traditional economy decide what goods and services will be produced. This is based off the customs and traditions that have been followed for generations in said traditional economy
What are the three main type of economic system?
1. What goods and services should be produced? (goverment,producer, consumer) 2. How should these goods and services be produced? (goverment, producer, consumer) 3. For whom should the goods and services be produced?(goverment, producer, consumer)
