![]() Command Economy Advantages And Disadvantages![]() What is a 'Command Economy' A command economy is a system where the government, rather than the, determines what goods should be produced, how much should be produced and the price at which the goods are offered for sale. The command economy is a key feature of any communist society. Cuba, North Korea and the former Soviet Union are examples of countries that have command economies, while China maintained a command economy for decades before transitioning to a mixed economy that features both communistic and capitalistic elements. • • • • BREAKING DOWN 'Command Economy' Also known as a planned economy, command contrast with free market economies, in which the prices of goods are services are set by invisible forces of supply and demand. Command Economy NewsA central tenet of a free-market economy is that the government does not intervene in the workings of the market by setting prices, limiting production or hampering competition within the private sector. In a command economy, there is no competition, as the central government controls all business. If you're a fan of the song X-files, have got the mobile phone Mobile Phone and looking for free ringtones on your phone, then this page can help you to download or listen ringtone for Mobile Phone from the category. X files ringtone iphone download. You can choose and download the most popular ringtones for mobile phone (music and songs) without registration.
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