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Is it fair that in a command economy the government owns and controls all aspects of the economy?
As this is a question seeking an opinion, this answer is an opinion as well. It is not "fact".
NO. It is repugnant that the government should be the sole voice in determining what products should be produced and which products should remain unproduced. The government still has a valuable role in incentivizing production of some products and banning or de-incentivizing production of other products, but putting control of production exclusively in government hands has repeatedly produced product shortfalls, starvation, and overproduction of undesired products. Command economies have led to the death or malnutrition of millions of people.
What else can I help you with?
In a command economy economic decisions are mostly influenced by?
Its the government because its the one that control all means of production.
A system in which the government controls all aspects of the economy is?
democracy
Is Haiti a free market economy or a command economy?
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
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 the best example of command economy?
North Korea, Iran and Cuba
What is econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
What is Vietnams econony?
It is a command economy where the government controls the economy. It is a command economy where the government controls the economy.
In a what does the government controls production?
Command economy
In a command economy economic decisions are mostly influenced by?
Its the government because its the one that control all means of production.
A system in which the government controls all aspects of the economy is?
democracy
What is it it called when the government controls most production of goods?
command economy
What is and example of command economy like democracy dictatorship and stuff like that?
cuba is a command government, a command government controls prices of goods.
Is Haiti a free market economy or a command economy?
Yes, Haiti is a command economy. A command economy is when the government controls the economy and you are guaranteed a job. However, with a command economy, you cannot open your own business.
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 the best example of command economy?
North Korea, Iran and Cuba
What motivates the command economy?
Command economies are motivated by the government, which institutes how the economy will work.
Why does North Korea have a mixed economy?
North Korea does not have a mixed economy. It has a command economy or centrally planned economy because the government controls everything in north Korea.
