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Supporters of command economies claim that firms in market economies do not produce the goods and services wanted by the poor because?
Wiki User
∙ 12y ago
firms produce only what people with money want and need.
Wiki User
∙ 12y ago
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Who produces goods and services in command and mixed economies?
no one
What are the econimes market and command?
what are command economies
How are market economies similar to command economies?
The similarities between command economy and market economy include the following: both have - producers, consumers, retailers, goods, services, prices, incomes, distribution, money, labor, capital, technology,
Why are economies never purely market or command economies?
Neither purely market nor purely command economies can adequately answer the basic economic questions in every situation. -Plato
Why are command economies less efficient the market economies?
the competition in the market economies encourages both qyality and low prices.
Who produces goods and services in command and mixed economies?
no one
What do command economies emphasize?
Command economies emphasize government allocation of production.
What are the econimes market and command?
what are command economies
How are market economies similar to command economies?
The similarities between command economy and market economy include the following: both have - producers, consumers, retailers, goods, services, prices, incomes, distribution, money, labor, capital, technology,
Are command economies dictatorships?
no
What are the three main types of economies?
Command, traditional, and market economies
What is the quality of life in a command economy?
The quality of life in a command economy is usually very low. This is because most of the command economies usually secure away the investors.
Why are economies never purely market or command economies?
Neither purely market nor purely command economies can adequately answer the basic economic questions in every situation. -Plato
What kinds of economies did Eastern European countries have before the fall of communism?
command economies
Why are command economies less efficient the market economies?
the competition in the market economies encourages both qyality and low prices.
Which of these is a mixture of command and market economies?
capitalism
Is there a pure command and pure market economies?
no
