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The production-possibility frontier would not look different in a command economy compared to a market economy because the PPF equate the rates of production between two goods which both use equal factors of production.
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Would the production-possibility frontier look different in a command economy?
The production-possibility frontier would not look different in a command economy compared to a market economy because the PPF equate the rates of production between two goods which both use equal factors of production.
A word for to order or direct with authority?
One possibility is "command".
What do command economies emphasize?
Command economies emphasize government allocation of production.
Who wanted to command a militia with the purpose of removing Americans from the Virginia frontier?
Nathaniel Bacon
In a what does the government controls production?
Command economy
What is a word that start with L and means command?
One possibility is the word law.
Who wanted to command a militia the purpose of removing native Americans from the Virginia frontier?
Nathaniel Bacon
Who wanted to command a militia with the purpose of removing native Americans from the Virginia frontier?
Nathaniel Bacon
What government owns and operates the factors of production?
Command
In which economic system does the government own the means of production?
command
What are the factors of production in a command economy?
the government dose
What government decides the production and distribution of goods?
command economy
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