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mariarad [96]
3 years ago
13

How does a command economy work?

History
2 answers:
Svetlanka [38]3 years ago
6 0

Answer:

A command economy works in such a way that the head (usually a government, a body of officials, or a dictator) makes all the decision for those affected (the country's population, workers, etc.).

An example can be seen from the U.S.S.R, which used the command economy, in which Stalin and his officials told the people what they should produce and how much of it.

~

lidiya [134]3 years ago
3 0

Answer:

A command economy is a system where 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. The command economy is a key feature of any communist society

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Answer:

Grain sub-treasury has multiple purposes or plans regarding the currency/ money issue for farmers. Some of the effect of grain sub-treasury on the currency/ money issue for farmers are as following:

  • Farmers were no more dependent on local merchant, grain elevator and other warehouses for money lending.
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Hence, grain sub-treasury plan was beneficial for farmers.

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<u>Define the problem:</u> Identify what the problem is finding out how to solve it precisely.

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