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IrinaK [193]
3 years ago
11

Who benefits and who suffers most from a centrally planned economy?

Social Studies
1 answer:
Ira Lisetskai [31]3 years ago
4 0

who benefits:

  • The central planers- all of those who are employed by this central planning have there livelihood planed out by this economy
  • Black market smugglers- These smugglers get more traffic when the economy doesn't deliver its needs to the people so this is when the profit is happens very often in planned economy.

Who suffers:

  • Entrepreneurs are banned from starting there own business that sell there own product
  • Business have product overflow in some categories and shortfall in many others
  • Common people may not be able to buy there needs or what they want
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