The government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods are offered for sale.<span> </span>
- The type of goods and services that can be produced in the country would be determined by the government, not the market.
- There wouldn't be different price for a same product like in a capitalist system, since the product price would be set by the government as a national standard.
- Foreign investors would most likely turn away from countries with a command system since it provides very little rewards for products inventions.
<span>According to the law of demand when price of a good or service goes up the quantity demand will go down. Every increase in price will result in lower demand for the product.</span>
