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com·mand e·con·o·mynounan economy in which production, investment, prices, and incomes are determined centrally by a government.
Guilds
Socialism has no government and no economy: production for use, no wages or prices, just people co-operating for the common good.
Guilds
Laissez-faire theorists argue that the market forces of SUPPLY AND DEMAND will serve to set prices and wages in the marketplace.
Office of Price Administration
by sending american armies to fight on war.
by sending american armies to fight on war.
The Communist Government
The British government setting prices and determining wages.
Yes
The British government setting prices and determining wages.
com·mand e·con·o·mynounan economy in which production, investment, prices, and incomes are determined centrally by a government.
The government determined prices, wages, and products.
The government determined prices, wages, and products.
Socialism has no wages or only or prices, hence no economic system. It also has no classes or rulers or government.
Both A and B could be considered correct. (remained about the same and rose faster than wages)