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Who produces goods and services in command and mixed economies?
Wiki User
∙ 11y ago
no one
Wiki User
∙ 11y ago
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Supporters of command economies claim that firms in market economies do not produce the goods and services wanted by the poor because?
firms produce only what people with money want and need.
How are market economies similar to command economies?
The similarities between command economy and market economy include the following: both have - producers, consumers, retailers, goods, services, prices, incomes, distribution, money, labor, capital, technology,
What is Difference between pure market and command economies?
In a market economy, resources are allocated to the production of goods and services on the basis of decisions made by individual businesses anticipating customer needs and desires. The communication
What Type of economy in which the government decides which goods and services will be available?
A command economy is one in which the government decides which goods and services will be available. There is officially no free market in a command economy.
What factors contributed to the collapse of command economies at the end of the 20th century?
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.
Supporters of command economies claim that firms in market economies do not produce the goods and services wanted by the poor because?
firms produce only what people with money want and need.
What is a business that produces goods or services called?
A business that produces goods or services is called an industry.
How are market economies similar to command economies?
The similarities between command economy and market economy include the following: both have - producers, consumers, retailers, goods, services, prices, incomes, distribution, money, labor, capital, technology,
What is the difference between manufacturing and services?
Manufacturing produces goods. Services provide services.
What goods and services will be produced in command economy?
a good
What is activity that produces goods or provides services?
Industry
What is Difference between pure market and command economies?
In a market economy, resources are allocated to the production of goods and services on the basis of decisions made by individual businesses anticipating customer needs and desires. The communication
What Type of economy in which the government decides which goods and services will be available?
A command economy is one in which the government decides which goods and services will be available. There is officially no free market in a command economy.
What factors contributed to the collapse of command economies at the end of the 20th century?
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.
What is one advantage localized economies may have over more globalized economies?
Answer this question… Localized economies give communities more control over the goods and services they produce.
What is activity that produces goods or services?
goods producing industries are agriculture, mining, manufacturing and construction; tertiary industry creates services
What are some similarities between command and mixed economies?
Mixed and command both are part of the hipo urine family and sell goods with small governmental groups
