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What are the characteristics of command ecomy?

Anonymous

∙ 11y ago

Updated: 4/28/2022

There are a few main characteristics of a command economy. These include having the government make decisions about which sections produce what products, the demand being based on the decision of the market economy, and the pricing being decided by the government.

Wiki User

∙ 11y ago

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Explain the economic characteristics of the command and market economic?

Explain the economic characteristics of the command

What are people who developed ideas that explanied how the ecomy worked know as?

They are Economists.

What does ecoomy mean?

"Ecomy" appears to be a typographical error or misspelling of "economy." The economy refers to the system of production, distribution, and consumption of goods and services within a society or geographic area. It encompasses various sectors, including agriculture, manufacturing, and services, and is influenced by factors such as government policies, consumer behavior, and global markets. If you meant something else by "ecomy," please provide more context.

Characteristics of a command system?

In a command system, economic decisions are planned by a strong, central government. Businesses within this system follow guidelines and have no decision making privileges of their own. Production and hiring targets are followed as opposed to adhering to supply and demand.

Is Brazil a mixed or market economy?

Well, let me think about i. yes it is but it is market more then mixed ecomy

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What are benefits of having Hitler?

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ecomic goal that was designed to strength then the country ecomy between 1928-1932

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A set of formatting characteristics that can be applied to a paragraph with one shortcut command is known as?

It is a style.

What are the characteristics of a command economy?

The primary characteristic of a command economy is that supply and price are regulated by the government instead of the market. In this way, the government decides which goods are produced and how they should be distributed.

What Command displays or changes the read only archive system and hidden characteristics of files?

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