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A command economic system is typically run by a central authority, such as the government or a central planning agency. In this system, the government makes all decisions regarding the production, distribution, and consumption of goods and services, often with the aim of achieving specific social or economic goals. Examples of countries that have historically operated under command economies include the former Soviet Union and North Korea. The system contrasts with market economies, where decisions are driven by supply and demand.
What else can I help you with?
What are the different economic system?
traditional economic system command economic system market economic system
What are the three different economic system?
traditional economic system command economic system market economic system
What kind of economic system are described in the Hunger Games?
planned or command economic system
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
What kind of economic system does Chile have?
A Market command system
What are the different economic system?
traditional economic system command economic system market economic system
What are the three different economic system?
traditional economic system command economic system market economic system
How does a command economic system solve their economic problem?
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What kind of economic system are described in the Hunger Games?
planned or command economic system
What is a basic characteristic of a command system?
The government owns most economic resources with a command system.
What kind of economic system does Chile have?
A Market command system
What economic system encourage entrepreneurship?
Command
What is Brazil's economic system?
command economy
What is a command economic system is characterized by?
A command economic system is one in which people rely on the government to decide what products will be produced and who the products will be distributed to after they are produced.
What is an economic system characterized by a central authority which makes major economic decisions?
Command Economy. :D
What is an economic system in which the economic decisions are controlled from outside by a central agency?
Command
A basic characteristic of a command system is that?
A basic characteristic of a command system is that the government owns most economic resources.
