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Fed [463]
3 years ago
8

an economic theroy that stresses government management of the production an distribution of goods is ​

History
2 answers:
Masteriza [31]3 years ago
8 0

Command Economy can also be your answer.

A command economy allows only the top tier (leaders, government, etc.), to control the means for production, how it is produced, as well as how it would be distributed. Command economy usually is tightly controlled, and the people have limited access to a range of products.

Examples of such an economy could be seen in USSR, Cuba, North Korea, China, where the governments held most of the power & the people took the consequences. While Communism is generally dubbed "for the people", it is but far from it, concentrating most of the wealth and power to the top-tier, while everyone else lives out Communism, or sharing of material. In the end, unless implemented correctly (which is impossible), Command Economy is generally a failure.

~

Sedaia [141]3 years ago
7 0

A economic theory that stresses government management of the production an distribution of goods is ​Socialism. Socialism is a theory where all of the moves, makings, or trading profits should be owned by the whole community, not just a few people. The reason why socialism would be your answer is because the government wants the have ownership of all of the goods and profits they make from things like trading and sales, and this especially effects the Government management that prioritize the distribution of goods, which helps out the economy. Socialism would not give all the power to the government, but also give power to the people too, and the government doesn't like that since they want all of the power to themselves, including all profits made from trades and sales.

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