A command economy typically has:
- The demand and the supply controlled by the government.
- Prices that are artificially controlled.
- Resource allocation is determined by macroeconomic considerations, as opposed to those of small firms or business owners.
The most famous example was that of the former Soviet Union.
Answer:
B
Explanation:
It allows the police to perform unwarned interrogations. (That is so intresting to me!)
Answer:
the pic is blocked you know
Explanation:
Answer:
Early Adulthood
Explanation:
The Early Adulthood phase comprises a period of life that goes from twenty to forty years of age, characterizing itself as a stage of great strength and vitality of the human being. However, the early adult individual is in a process of affirmation and testing of their potential, in the face of social and personal confrontations.
<span>Economic planning is a resource allocation mechanism that is contrasted with the market mechanism. As a coordinating mechanism for socialist economics, economic planning substitutes factor markets and is defined as a direct allocation of resources. This is contrasted with the indirect allocation mechanism of a market economy. There are various types that economic planning procedures and forms planning can take.</span>
