1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
spin [16.1K]
3 years ago
13

Why do centrally planned econimies tend not to be efficient?

History
1 answer:
Anika [276]3 years ago
6 0

Answer:

The government owns all production factors. Since the government fixes wages, workers lack the incentive to work faster or produce more. ... Some goals are better met by the open market, while others may be better achieved through government action.

Explanation:

You might be interested in
Why are primary sources important when studying historical events?
Anna [14]
Accuracy, first or second person, .org .gov .History channal.
3 0
3 years ago
Free Enterprise <br><br> 11. Under this system, how are prices determined?
valentinak56 [21]

Answer:

If the demand is high the prices climbs, if the demand is low, so is the price.

Explanation:

Hope this helps.

7 0
2 years ago
Read 2 more answers
Why was the Ottoman Empire a desirable territory for European nations during the 19th century?
bekas [8.4K]
For trade between Europe and asia
7 0
3 years ago
Read 2 more answers
Which legislation provided farm plots for people willing to live on and develop land for 5 years
Nina [5.8K]
The homestead act. people would g o out to the west and farm the land for five years. Then they would gain ownership of it.
3 0
3 years ago
Read 2 more answers
China's geographic features separated it from other civilizations. Write a paragraph explaining the advantages and disadvantages
Sliva [168]

Advantages:

From a conservative or state-based ideology: it is much easier to control population since they rarely receive "strange" ideas or influence from outside. Domestic policies become much more important. In so, it becomes easier to set popular aims targeting citizens.

The country could(historically seen) stand the best defense against outside powers which could try to set an invasion. For example, the Great Wall of China turned out to set a strong defense against Mongols and other menaces along many centuries.

Disadvantages are listed:

Trading with other countries can influence negatively on economic growth, as there is no autonomous country even if it results as big as China.

Trade has become key in today's globalized world, henceforth the need to collaborate or cooperate in economic exchanges is a necessity to keep up the pace in global affairs.


8 0
3 years ago
Other questions:
  • What was an early pennsylvania policy encouraging settlement?
    12·1 answer
  • What is one role of the U.S. Treasury?
    7·2 answers
  • Extended response on the cause of the black plague.
    9·2 answers
  • What connection does Islam have with Judaism and Christianity?
    15·2 answers
  • What ancient cultures<br> provided the<br> inspiration for this<br> "rebirth of learning"?
    5·1 answer
  • What was nazi germany like?
    13·1 answer
  • Which of these was a common theme amongst the countries listed following World War II? A) They all joined N.A.T.O. B) They all c
    9·2 answers
  • Whose signature is the largest on the declaration of Independence? Why do the representatives sign the document?​
    5·2 answers
  • What might have happened if they had left out of the Constitution some of the key limits on government
    8·1 answer
  • The Bill of Rights is meant to protect the rights of the A. President of the United States B. Congress C. People of the United S
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!