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What economics and political symtem have evolves to answer the basic questions of economics?
The three economic questions are:What to produce, how to produce, and for whom to produce.There are three main systems that have developed to answer those questions:Traditional economies (economies that answer those questions the same way as their ancestors did) examples are Native American cultures and African tribes.Market economies (where consumers decide what, the producers decide how, and price and income decide for whom) example = JapanCommand/ centrally planned economies (the government decides the answers to these questions) example = USSR and ChinaMost of these economies do not exist in pure form. They exist as mixed economies. For example the United States which has mainly a market economy with some government control and intervention.As far as political systems, democracy/republic works with mixed, market, and traditional, also with command sometimes.Communism is the system that goes with a command/centrally planned economy.Fascism attempts to go between market and command.
What Is The Good Thing About Command Economy?
One good thing about command economies is that they have good qualities. A few bad things about command economies is that they are not efficient and there is no incentive. If you were also wondering what a command economy even IS, then it is an economy where the government is in charge of what they make and how much they sell it for. The way I remember it is by saying that the government is saying, "I COMMAND you to make me this!" teehee. sorry if that was too much info...
Can you list top ten largest economies in 2050?
There is no way to know what the top ten largest economies will be in 2050. This because economies are constantly changing daily. Also, major world events often cause major shifts in world economies which could influence who will have a larger economy.
What best describes a command economy?
A command economy is one where a central authority controls all economic activity, 'commanding' what products are produced, and what crops are grown, investment and prices etc.
What is one of the major disadvantage's of a centrally planned 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.
What economics and political symtem have evolves to answer the basic questions of economics?
The three economic questions are:What to produce, how to produce, and for whom to produce.There are three main systems that have developed to answer those questions:Traditional economies (economies that answer those questions the same way as their ancestors did) examples are Native American cultures and African tribes.Market economies (where consumers decide what, the producers decide how, and price and income decide for whom) example = JapanCommand/ centrally planned economies (the government decides the answers to these questions) example = USSR and ChinaMost of these economies do not exist in pure form. They exist as mixed economies. For example the United States which has mainly a market economy with some government control and intervention.As far as political systems, democracy/republic works with mixed, market, and traditional, also with command sometimes.Communism is the system that goes with a command/centrally planned economy.Fascism attempts to go between market and command.
What Is The Good Thing About Command Economy?
One good thing about command economies is that they have good qualities. A few bad things about command economies is that they are not efficient and there is no incentive. If you were also wondering what a command economy even IS, then it is an economy where the government is in charge of what they make and how much they sell it for. The way I remember it is by saying that the government is saying, "I COMMAND you to make me this!" teehee. sorry if that was too much info...
What is a one way itinerary?
It means that you have planned to go somewhere, but you have not planned to return.
What is one way itinerary?
It means that you have planned to go somewhere, but you have not planned to return.
What the cheapest way to build helicopter?
The cheapest way to build a helicopter is to build a LOT of them. This way you get economies of scale.
What is one way Austria and Switzerland's economies are alike?
They both have Russians
Can you list top ten largest economies in 2050?
There is no way to know what the top ten largest economies will be in 2050. This because economies are constantly changing daily. Also, major world events often cause major shifts in world economies which could influence who will have a larger economy.
Is it correct to say what do you have planned?
Yes, it is correct in the following type of construction: 'What do you have planned for this afternoon?' It means the same as 'What have you planned for this afternoon?' or 'What plans do you have for this afternoon?' or 'What have you got planned for this afternoon?' or 'What have you planned to do this afternoon?'
What control provides an easy way to initiate a command or run a macro?
The Command Button...
What is the way to use the run command line to open a command prompt?
run cmd.exe
What is Between japan and china?
Their economies are very similar in size and not a great difference between their sizes. The vast majority of their people are Asian. Their languages are in character form writing, similar styles. They are also both located in the Far East/East Asia, and Japan is off the coast of China, though quite a way aways.
Who took command of the union army?
Meade took over command from Hooker on the way to the battlefield.
