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What Do People Give Up in a Command Economy
A command economy works with centralized control which does not allow important factors like demand and supply to decide on production process quantity and price of goods and services produced in a country. Want this question answered. 1 Which Statement Describes Why The People In A Nation With A Command Economy Might Resist A Shift To A Free Market Economy A People Who Hold Political Ppt Video Online Download Ensures access to basic necessities. . The central plan sets the priorities for the production of all goods and. It does not allow monopolizing. Want this question answered. In a command economy also known as a planned economy government central planners determine what goods and services will be produced the amount of goods and services produced and at what cost. Command economy is a form of economic system where production levels and rates are determined centrally by the government instead of demand-based production
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