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Who was one of the first proponents of employing market economies instead of command economies?
Wiki User
∙ 10y ago
Adam Smith
Wiki User
∙ 10y ago
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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.
Why did the former Soviet Union use a command economic system instead if one based on prices?
The former Soviet Union used a command economic system instead if one based on prices it hoped to create a society in which everyone had the same choice.
What are the two features of a command economy?
In a command economy, supply and price are regulated by the government instead of market forces. Also, the government is solely responsible for deciding the goods and services to be produced and how they are distributed.
Why did the former soviet union use a command economic system instead of one based on price?
it had major shortages of many goods and services
How did the great depression affect economists beliefs about the macroeconomy?
Instead of assuming that the macroeconomy would automatically recover from a recession, economists began to consider the possibility that modern market economies could fall into prolonged contractions and that government assistance would be necessary to pull them out.
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.
When you access resources on the Internet instead of on your own personal computers you are employing what?
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no why
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command prompt is the embaded dos shell with windows.. run is the platform from where you can run any command.. say to open command prompt from run just type "cmd" instead of going start -> programs -> accessories -> command prompt.. or to open control panel from run just type "control" instead of going start -> settings -> control panel.. try it..
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Why did the former Soviet Union use a command economic system instead if one based on prices?
The former Soviet Union used a command economic system instead if one based on prices it hoped to create a society in which everyone had the same choice.
What is a keyboard command that lets you keep both hands on the keyboard instead of using the mouse?
shorcut
