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Which is the worst economic system?

Updated: 4/28/2022
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13y ago

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Total and complete central planning. Some degree of market activity is necessary for an economy to even function. Experiments with pure central planning - such as the Puritans in 1620 and the Russians around 1920 - always end in economic reforms after near collapse.

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13y ago
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Q: Which is the worst economic system?
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