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alexdok [17]
3 years ago
15

How do command or socialist economies benefit their citizens?

History
1 answer:
amm18123 years ago
8 0
<span /> Command economies and/or socialist economies benefit their citizens theoretically by ensuring that nobody is poor or without basic needs of living, although this is not always the case.
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Explanation:

Hogg laws came as result of the laws made by the then Governor of Texas James Stephen "Big Jim" Hogg. Jim Hogg was the 20th Governor of Texas.

During his second term, he advocate for a good rail systems and to stop the Railroad Commission from issuing watered stocks, and under his administration, the legislature passed a law allowing the Railroad Commission to fix rates based on fair valuation and to stop many of the practices the railroad companies had used to manipulate stocks. This law helped them to be fully equipped to fight the power of the railroads commission

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He also supported the railways creation in which he permitted the legislature in 1894 to create the Railroad Commission.

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