In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
If there is a market failure, such as an externality or monopoly, government regulation might improve the well-being of society by promoting efficiency. If the distribution of income or wealth is considered to be unfair by society, government intervention might achieve a more equal distribution of economic well-being.
Innovation is severely hampered in a PLANNED ECONOMY, such as Communist State might have, because individual business owners and product developers are not given the permission to produce as they see fit.
to provide public goods and services to its citizens.
they wouldn't have supplies to trade.
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
In a socialist society, various political systems may be combines with public control of the economy.
everyone became christians and communist ended
If there is a market failure, such as an externality or monopoly, government regulation might improve the well-being of society by promoting efficiency. If the distribution of income or wealth is considered to be unfair by society, government intervention might achieve a more equal distribution of economic well-being.
Gorbachev* made the USSR a better place by allowing capitalism into a communist state. Although it was deemed outrageous by conservative communists it still helped the soviet economy. Some might say it didn't but no one is for sure where their economy would be with out it.
A socialist form of government might make the transportation of supplies easier.
In 1946, Russia was state capitalist. Most people had to work for a wage, and the state owned the means of production. Communism means the abolition of the wages system and establishment of a classless society.
A socialist form of government might make the transportation of supplies easier.