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Which economic system favors decisions by consumers but allows for some central planning?
Mixed Capitalism
The economic system favors decisions by consumers but allows for some central planning?
Mixed economies are a combination of capitalism and centrally planned economy. In such systems, consumers have purchasing power, but there is strong government involvement in the provision of public goods.
How did central planning affect consumers in the former soviet union?
Central planning enabled even the poorest peasants to have enough food, shelter, education and medical treatment.
Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
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.
Which economic system favors decisions by consumers but allows for some central planning?
Mixed Capitalism
This economic system favors decisilns by consumers but allow for some central planning?
not entirely sure, but i think it's mixed capitalism
The economic system favors decisions by consumers but allows for some central planning?
Mixed economies are a combination of capitalism and centrally planned economy. In such systems, consumers have purchasing power, but there is strong government involvement in the provision of public goods.
How did central planning affect consumers in the former soviet union?
Central planning enabled even the poorest peasants to have enough food, shelter, education and medical treatment.
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
Which of these describes the extreme left of the economic spectrum?
There is total central planning.
Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
Discuss the economic problems that are likely to occur as a country moves from central planning towards a market economy?
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
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.
Who made all economic decisions?
Economic decisions can be made by various entities depending on the context. In a market economy, individual consumers and businesses make decisions based on supply and demand. In a command economy, the government or central authority typically makes all economic decisions. In mixed economies, a combination of both market forces and government regulations influences economic decision-making.
