In market economies consumers learn not to want things that are not supplied, so there can never be a real shortage in a market economy.
Command and Market: Traditional:Economy dominated by methods and techniques that have strong social support even though they may be old-fashioned or out of date.Command: An economy that is planned and controlled by a central administration, as in the former Soviet Union.Market : An economy that operates by voluntary exchange in a free market and is not planned or controlled by a central authority; a capitalistic economy.
The fundamental disadvantage of a centrally planned economy is that local conditions, which often vary from one place to another (and can change rapidly), cannot be accounted for at the highest levels of planning. Another serious disadvantage is the cost incurred by such an economy's numerous executive agencies and administrators.
How would you describe the quantity and quality of output generated by the former employee
cruzero
Vladimir Lenin
Vladimir Lenin
Perestroika is an economic policy adopted in the former Soviet Union; intended to increase automation and labor efficiency. However, it led eventually to the end of central planning in the Russian economy.
toltecs
Gulag
I would imagine that you are wondering if you can be sued for slander if you speak critically of a former employee. Generally speaking, it is legal to speak the truth. If you were planning to tell lies about your former employee, that could get you into trouble.
Leland Stanford
It is a place in Asia. a former Soviet Republic located in Central Asia.
Moscow
Belize, which is the former British Honduras, is the only Central American country where English is an official language.
taken over by Canadian national railway in 2008
Central Asia