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What might be a hardship for citizens of a centrally planned economy making a trasition to a free market economy?
Workers would lose job security and guaranteed incomes.
What else can I help you with?
What is the role of government in a centrally planned economy?
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
Is ireland's economy centrally planned?
ummm
What is centrally planned democratic free economy?
A centrally planned democratic free economy is one whereby the budget making process involves everyone.
Why do centrally planned economies tend not to be efficient?
What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
Which country has most extreme example of a centrally planned economy?
the most extreme example of a centrally planned economy are china,hongkong,cua and north korea
What might be a hardship for citizens of a centrally planned economy making a transition to a marketability?
Workers would lose job security and guaranteed incomes.
What might be a hardship citizens of a centrally planned economy making a transition to a market-based system?
Workers would lose job security and guaranteed incomes.
What might be a hardship of a centrally planned economy making a transition to a market based system?
i think its, enterepreneurs would have fewer opportunities to start new businesses.
What is the role of government in a centrally planned economy?
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
What is the governments role in a centrally planned economy?
In a centrally planned economy, the government is completely in charge of the economy. There is no reward for individual hard work. The government tells everyone what to do.
How is a government involved in a centrally planned economy?
In a centrally planned economy, the central government decide which part of the country to allocate cash and which one not to.
Is ireland's economy centrally planned?
ummm
What is centrally planned democratic free economy?
A centrally planned democratic free economy is one whereby the budget making process involves everyone.
Why do centrally planned economies tend not to be efficient?
What are two reasons why a centrally planned economy tend to be less efficient than a market base economy
An economy in which only the government makes economic decisions is a?
Centrally Planned Economy
What is the economic system that relies on habit custom or ritual to decide questions of consumption and production of goods and services?
a centrally planned economy
Which country has most extreme example of a centrally planned economy?
the most extreme example of a centrally planned economy are china,hongkong,cua and north korea
