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Which of the following describes an action that would be taken in a capitalist economy but not a command economy?
Wiki User
∙ 8y ago
Answer this question… A government orders a factory to produce military uniforms instead of civilian clothing.
Wiki User
∙ 8y ago
Wiki User
∙ 8y agoAnswer this question… A grocery store decides to greatly increase its food prices to create higher profits for its owner.
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Why is there less economic growth with a command economy?
There is no motive to expand the economy in a command economy, whereas there are investors, changing demands, and prerogatives to improve production in a capitalist economy because of the competition that is lacking in a command economy.
Does Mexico have a capitalist traditional or command economy?
Mexico has a traditional capitalist economy, transitioning to a modern capitalist one -- Mexico is an Emerging Market (EM), or Newly Industrialized Country (NIC).Mexico has never been a command economy.
Does Germany have a command economy or free market economy?
Neither: it is capitalist with state interference.
Who is responsible for the command economy?
The state capitalist ruling class
Which of the following describes a drawback of a command economy compared to a free market economy?
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
Is Japan a have a command economy?
No Japan has a capitalist economy.
Is a capitalist economy market or command?
market
What difference separated the Soviet Union from US in the years following world war 2?
The United States had a capitalist economy; the Soviet Union had a command economy.
Does US have a command economy?
No, the US has a market economy a result of its capitalist policies, command economies can be found in communist countries.
Why is there less economic growth with a command economy?
There is no motive to expand the economy in a command economy, whereas there are investors, changing demands, and prerogatives to improve production in a capitalist economy because of the competition that is lacking in a command economy.
Does Mexico have a capitalist traditional or command economy?
Mexico has a traditional capitalist economy, transitioning to a modern capitalist one -- Mexico is an Emerging Market (EM), or Newly Industrialized Country (NIC).Mexico has never been a command economy.
Is Mongolia a command economy or a market economy?
They are really rich and they have $9.8 billion dollars.
Does Germany have a command economy or free market economy?
Neither: it is capitalist with state interference.
Who is responsible for the command economy?
The state capitalist ruling class
What differences separated the Soviet Union from the US in the years following World War 2?
The United States had a capitalist economy; the Soviet Union had a command economy.
Which of the following describes a drawback of a command economy compared to a free market economy?
Answer this question… It reduces innovation by requiring all businesses to follow government orders.
How did the command economy under Stalin differ from a capatalist economy?
A command economy is a system where the government controls economic activity and the production and distribution of goods. In a capitalist economy, such things are determined by market forces.
