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What factors contributed to the collapse of command economies at the end of the 20th century?
Wiki User
∙ 8y ago
Some factors that contributed to the collapse of command economies were the following:
- They were much less efficient at producing goods than Western free market economies.
- They were too focused on producing consumer goods instead of valuable new technologies
Wiki User
∙ 8y ago
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Which factor contributed to the collapse of command economies in communist countries at the end of the 20th century?
Answer this question… They were much less efficient at producing goods than Western free market economies.
What contributed to the collapse of command economies in communist states around the end of the cold war?
They failed to produce enough consumer goods . Including food, for Their citizens
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
What are the econimes market and command?
what are command economies
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
Which factor contributed to the collapse of command economies in communist countries at the end of the 20th century?
Answer this question… They were much less efficient at producing goods than Western free market economies.
What contributed to the collapse of command economies in communist states around the end of the cold war?
They failed to produce enough consumer goods . Including food, for Their citizens
How did the soviet economy contributed to the end of the cold war in the late 20th century?
The Soviet command economy could not keep up with the productivity of capitalist economies.
Which countries have predominantly command economies?
North Korea and Cuba have command economies. Recently, China has implemented free market reforms into its economy, so it could be classified as a mixed command economy. Before its collapse in 1991, the USSR could also be considered a command economy.
What do command economies emphasize?
Command economies emphasize government allocation of production.
What are the econimes market and command?
what are command economies
What factors contributed to the collapse of communism in the Soviet Union?
They were much less efficient at producing goods than western free market economies
Are command economies dictatorships?
no
What are the three main types of economies?
Command, traditional, and market economies
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.
