Define the planned or command economy system, Business Economics

Assignment Help:

Define the planned or command economy system.

Planned or command economy:

Resources are owned through the state. The state assigns resources, and sets production goals and growth rates as per its own view of people's requirements. Income distribution is decided through the state. Prices play small or no part into informing resource allocation decisions as well as queuing rations scarce goods.


Related Discussions:- Define the planned or command economy system

M & E, CHALLEGES FACING BUSINESS ORGNIZATION

CHALLEGES FACING BUSINESS ORGNIZATION

Market analysis, The Australian government administers two programs that af...

The Australian government administers two programs that affect the market for cigarettes. First, media campaigns and labelling requirements aimed at making public aware of the dan

Business policy & environment, various approaches followed by FMCG companie...

various approaches followed by FMCG companies in test marketing

Micro and macro, micro and macro economicsapplied to business environment

micro and macro economicsapplied to business environment

#title.BUS100., Find 1-3 articles that discuss the competition between Targ...

Find 1-3 articles that discuss the competition between Target and Walmart.

Define how quality control can be applied to a subcontractor, Define how qu...

Define how quality control can be applied to a subcontractor’s work. Quality control of a subcontractor’s work begins along with a clear, detailed and precise requirement of th

What is the function of multinational companies, What is the function of mu...

What is the function of multinational companies into the promotion of development? A multinational or transnational (TNCs) company operates within two or more countries across

Research analysis, what are the abstracting and indexing services in social...

what are the abstracting and indexing services in social science?

Monopolly, explain how a price disciminating monopoly increases profits

explain how a price disciminating monopoly increases profits

Bubble burst, Situation: Only a few astute operatives say the crash in rea...

Situation: Only a few astute operatives say the crash in real estate prices as the USA entered the summer of 2007.  You were one of the few that appreciated that real estate price

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd