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guajiro [1.7K]
3 years ago
8

Which aspect of communist economies kept them from matching the production efficiency and quality of free-market economies?

History
2 answers:
AveGali [126]3 years ago
8 0
Central economic planning, i believe.
Triss [41]3 years ago
5 0

The correct answer is: "central economic planning "

In a centrally planned economic systems, the economic authorities are in charge of designing the production activities based on forecasting economic outcomes, which in a market economy would result from the free interaction of economic agents in the markets, such as: the amount of output produced in every industry, the amounts of factors of production needed, the prices of products and factos, etc.

<u>One of the main disadvantages of this system is its ineffiency, if compared to market economies</u>. First of all, due to the difficulty of forecasting accurately figures such as the total production needed of each good or service. Moreover, there are important operating and administrative costs in every operation. This system is slow to respond to consumer needs and frequently, there are shortages or surpluses in the markets.

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Why was the addition of land important to Thomas Jefferson's plan for the U.S. economy​
wolverine [178]
This was called Westward expansion. It provided land for agriculture. this was important because he wanted America to be all agriculture and less factories. It doubled the size of America as well as gave us control of the Port of New Orleans.
4 0
3 years ago
How did Henry Ford’s business impact the state of Michigan?
kaheart [24]

Answer:

DETROIT BECAME THE CENTER OF THE AUTO INDUSTRY

Explanation:

he actually paid people a living wage

he actually paid people a living wageworkers could actually buy the cars they were making

he actually paid people a living wageworkers could actually buy the cars they were makingpeople came from everywhere to work at his factory and brought economic prosperity

he actually paid people a living wageworkers could actually buy the cars they were makingpeople came from everywhere to work at his factory and brought economic prosperity

6 0
3 years ago
Read 2 more answers
Describe how textiles were manufactured in Europe before 1760
scoray [572]

Answer:

Before the 1760s, textile production was a cottage industry using mainly flax and wool. A typical weaving family would own one hand loom, which would be operated by the man with help of a boy; the wife, girls and other women could make sufficient yarn for that loom.

Explanation

The knowledge of textile production had existed for centuries. India had a textile industry that used cotton, from which it manufactured cotton textiles. When raw cotton was exported to Europe it could be used to make fustian.

Two systems had developed for spinning: the simple wheel, which used an intermittent process and the more refined, Saxony wheel which drove a differential spindle and flyer with a heck that guided the thread onto the bobbin, as a continuous process. This was satisfactory for use on handlooms, but neither of these wheels could produce enough thread for the looms after the invention by John Kay in 1734 of the flying shuttle, which made the loom twice as productive.

Source: Wikipedia

Please mark as branliest!

4 0
3 years ago
Read 2 more answers
Why did Enlightenment considered a turning point in the world history​
Archy [21]

I hope this helps

the englightenment another result of the scientific revolution was the englightenment. before the 1700s, almost every government around the world was a tyranny—a harsh,abusive government. their purpose was to serve the government

7 0
3 years ago
3. The agricultural revolution led to the need for organized
Musya8 [376]

Answer:government

Explanation:

6 0
2 years ago
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