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Why do free markets typically secure more economic properity than government centralized?
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Centralized economic system?
In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.
What is centralized planning?
Centralized planning refers to when the guidance of the economy by direct government control over a large portion of economic activity. This would contrast with allowing the market to do the same thing.
Which of these was not included in Yelstins economic shock therapy program?
Centralized state planning
What was not included in Yelstin's economic shock-therapy program?
Centralized state planning
Public ownership and large-scale centralized planning is a representative trait of which economic system?
socialism.
Centralized economic system?
In centralized economic system everything in the economy is controlled by the government. In this type of economies market does not have any role to play. Production and consumption of goods are controlled by the government.
What is centralized planning?
Centralized planning refers to when the guidance of the economy by direct government control over a large portion of economic activity. This would contrast with allowing the market to do the same thing.
What are three accomplishments of the tang and Song Dynasty?
both dynasties experienced economic properity.
What does a government controlled economy have?
Government controlled economy or "planned economy" refers to " is the economic system in which decisions regarding production and investment are embodied in a plan formulated by a central authority, usually by a public body such as a government agency."
Fascism?
Political ideology that stresses nationalism and placed the interests of the state over those of individuals; includes power centralized with a single strong leader and a small group of party members
Which of these was not included in Yelstins economic shock therapy program?
Centralized state planning
What was not included in Yelstin's economic shock-therapy program?
Centralized state planning
What economic factors helped strong monarchies develop?
What economic factors helped strong monarchies develop? A centralized systems of taxation. Fostering trade, both internally and externally. Feudal aristocracy Stable and centralized governments
How did British policy in India change as a result of the Sepoy Rebellion?
Indians gained a new centralized government, entered a period of rapid economic growth, and began to develop a new national consciousness.
Which of the following is a correct statement describing the simlarites between the tang and song dynasties?
NOVA NET: both dynastys experienced economic properity KILLIAN WROTE DIS
What is centrally planned socialism?
A command economy is one where the government decides what to produce, how to produce it, and who to produce it for. Socialism in its entirety is a command economic system. The term 'centralized' is synonymous with 'command' when it comes to types of economies.
Public ownership and large-scale centralized planning is a representative trait of which economic system?
socialism.
