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They were much less efficient at producing goods than Western free market economies.
They failed to produce enough consumer goods . Including food, for Their citizens
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 technologiesApex: They were much less efficient at producing goods than Western free market 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.
a slow tranformation
Started from about 1929, in most of the countries, until late 1930s that period in which major economies of the world suffered is known as the Great Depression.
They failed to produce enough consumer goods . Including food, for Their citizens
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 technologiesApex: They were much less efficient at producing goods than Western free market economies.
they started a war causof the berlin wall
it contributed to instability to the soviet union making high infilation rates.
They were much less efficient at producing goods than western free market economies
communist
Immigration is contributed to an economic collapse, crime, and poor living conditions.
It made Germany pay a lot of money to the victorious countries, It was to the point that the German economy could not sustain itself.
The Space RaceThe Soviets could not compete with the US in the ability to put together and successfully launch a space program. Their communist style economy could not handle the competition.
America needs to care about the economics of many countries, including Argentina's, because as economies and markets become more global, the well-being of individual markets and economies become more dependent on the economies and markets of others. As recent headlines have shown, the collapse of one economy has repercussions all over the world.
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.
Please specify which commonwealth you are referring to.