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The most accepted argument in favor of market economies is their efficiency The argument most accepted in favor of command economies is the belief that they are?
More Traditional
Do command economies have a higher GDP?
People are less likely to be creative if people are telling them what and how to work. Even though China is a successful command economy, for the most part command economies do not have a higher GDP. A healthy government allows people to higher standard of living which affects education, living standards, literacy, health, and most importantly for this question, GDP.
Who had a command economy?
Command economies have existed all over the world. The most prominent in recent history have been the Communist governments, most notably those of Russia and China, but also including Cuba.
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
What countries economies has the fewest elements of a command economy and the most elements of a market economy the United States Germany France or Sweden?
the United States
The most accepted argument in favor of market economies is their efficiency The argument most accepted in favor of command economies is the belief that they are?
More Traditional
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.
Do command economies have a higher GDP?
People are less likely to be creative if people are telling them what and how to work. Even though China is a successful command economy, for the most part command economies do not have a higher GDP. A healthy government allows people to higher standard of living which affects education, living standards, literacy, health, and most importantly for this question, GDP.
Who had a command economy?
Command economies have existed all over the world. The most prominent in recent history have been the Communist governments, most notably those of Russia and China, but also including Cuba.
What are the features of a mixed economy?
A mixed economy features a "mix" of features from traditional economies, market economies, AND command economies--usually the most advantageous features from each. For example, most mixed economies borrow three of the most advantageous characteristics of a market economy: pricing, private property, and individual self-interest. The United States is one example of a mixed economy.
What countries economies has the fewest elements of a command economy and the most elements of a market economy the United States Germany France or Sweden?
the United States
What two economies are widespread in the Middle East?
The two most widespread economies in the Middle East are oil-based economies and service-based economies. Oil-producing countries heavily rely on revenues from oil exports, while service-based economies focus on sectors like tourism, finance, and real estate. Both types of economies play a significant role in the overall economic landscape of the region.
Most economies today are economies?
all economies today are actually (mixed)
Most economies have what economists call?
mixed economies
Why do most countries operate somewhere between a command and market economy?
Nearly all modern economies in the world today have characteristics of both market and command economic systems. That is why they are called mixed economies. Traditional economies are very hard to find and could not function effectively for a whole nation. Nearly all the countries in Southwest Asia today would best be described as mixed economies, as they have the characteristics of a free market and free enterprise as well as some government planning and control.
Why do all market economies have taxes to support armed forces?
Presumably the question is referring to "free market economies" as opposed to command economies or even agrarian economies or that of a bartering economy. All economies have markets and as such all are market economies. While not every nation's economy has taxes to support their military, it is generally accepted that most sovereign nations require a military in order for protection of their own land, people, and property. However, a modern military is an expensive necessity ,in most cases, to have. While in the past (think middle ages) people have "volunteered" a certain amount of days a year to their leader for military services. It was discovered though, that a trained, professional force of soldiers always on standby offers a much higher quality of defense, as well as provides jobs to a nation. Due to this, many nations tax their citizens in order to provide this type of protection to them.
Why are most economies referred to as mixed economies?
poverty is always higest in countries with market economies
