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Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
Wiki User
∙ 14y ago
Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
Wiki User
∙ 14y ago
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What are the central economic problems?
the central economic problems faced by the economy are what to produce,how to produce,for whom to produce,how to achieve the fuller utilisation of resources
Which economic system favors decisions by consumers but allows for some central planning?
Mixed Capitalism
This economic system favors decision by consumers but allows for some central planning?
mixed capitalism
Which is the worst economic system?
Total and complete central planning. Some degree of market activity is necessary for an economy to even function. Experiments with pure central planning - such as the Puritans in 1620 and the Russians around 1920 - always end in economic reforms after near collapse.
Achievements of economic planning in India?
the principle need of planning in underdeveloped countries like india is to increase the rate of economic development.it means increasing the rate of capital formation by raising the levels of income,saving and investment:-)»»
What are the central economic problems?
the central economic problems faced by the economy are what to produce,how to produce,for whom to produce,how to achieve the fuller utilisation of resources
What has the author Michael Ellman written?
Michael Ellman has written: 'Planning problems in the U.S.S.R' -- subject(s): Economic policy, Mathematical models, Soviet Union 'Collectivisation, convergence, and capitalism' -- subject(s): Collectivization of agriculture, Economic conditions, Economic policy, Marxian economics 'Socialist planning' -- subject(s): Central planning, Comparative economics, Economic policy, Marxian economics
What has the author Peter Harrold written?
Peter Harrold has written: 'China's reform experience to date' -- subject- s -: Economic policy, Central planning 'China' -- subject- s -: Economic policy, Economic conditions, Central planning
What has the author P J Devine written?
P. J. Devine has written: 'Democracy and economic planning' -- subject(s): Capitalism, Central planning, Democracy, Economic policy, Socialism
This economic system favors decision by consumers but allows for some central planning?
mixed capitalism
Which economic system favors decisions by consumers but allows for some central planning?
Mixed Capitalism
What is a command systems?
Refering to the economic system it means that there is government ownerships and a central planning board.
What is command system?
Refering to the economic system it means that there is government ownerships and a central planning board.
Which is the worst economic system?
Total and complete central planning. Some degree of market activity is necessary for an economy to even function. Experiments with pure central planning - such as the Puritans in 1620 and the Russians around 1920 - always end in economic reforms after near collapse.
What was to blame for the economic and other problems in the US after the revolution?
A Weak Central Government
What was the blame for economic and other problems in the US after the revolution?
A Weak Central Government
Achievements of economic planning in India?
the principle need of planning in underdeveloped countries like india is to increase the rate of economic development.it means increasing the rate of capital formation by raising the levels of income,saving and investment:-)»»
