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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.
are the benefits do people
are the benefits do people
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are the benefits do people
Command economies are motivated by the government, which institutes how the economy will work.
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No, a command economy is where the central govt. controls everything. A market economy is where the govt. trades, buys, and sells products from different countries.
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the command system will determine for whom the product is produced. Again, the focus is on socially desirable objectives. The product can be allocated based on class, on a queuing process, on a reward system
There are a few main characteristics of a command economy. These include having the government make decisions about which sections produce what products, the demand being based on the decision of the market economy, and the pricing being decided by the government.
very high pricesvery low pricesvery high quality productsvery low quality products A.very high prices B.very low prices C.very high quality products D.very low quality products Answer is: very low quality products