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Answer this question… A command economy reduces innovation by requiring all businesses to follow government orders.
Answer this question… A command economy reduces innovation by requiring all businesses to follow government orders.
Command economies are motivated by the government, which institutes how the economy will work.
Because in a command economy the government is in charge of most if not all of the factors of production.
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.
Answer this question… A command economy reduces innovation by requiring all businesses to follow government orders.
Answer this question… A command economy reduces innovation by requiring all businesses to follow government orders.
Answer this question… A command economy reduces innovation by requiring all businesses to follow government orders.
Command economies are motivated by the government, which institutes how the economy will work.
Because in a command economy the government is in charge of most if not all of the factors of production.
There is no such thing as a "command" government.
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.
You are givin a class, and a title. you work for the government, and the government makes sure you have the life essentials
it has public ownership
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
Socialism. Complete ownership by the state is Communism.
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