Imagine that you live in a centrally planned or command economy. What aspect would you like most about living in this type of ec
onomy? What aspect would you dislike most about living in this type of economy? Be sure to explain each like and dislike completely and provide logical reasons to support your answers. PLEASE ANSWER CORRECTLY
I believe that living in a command economy with a central government that maintains the budget, prices, income, etc.. would be the most ideal situation to be in. Having a sense of security about getting your next paycheck or having job security is very charming. However, this would prevent capitalistic ideals from existing, making capitalists non-functional and various companies could not provide various jobs. I believe that the government would have too much control and the economy would be too stagnant for citizens. Living in this type of economy could also prevent people from making large sums of money from investing since all prices would be controlled by the said government. Realistically, having a secure government sounds like a great idea until people start to realize they have no control over their own income or economy.
Explanation:
Pretty basic explanation. It is all shown above.
Since this question is more of an opinion, here is mine.
In the 1960s, youths rebelled against long-standing customs in dress, music, and personal behavior. The counterculture both challenged traditional values and unleashed a movement to reassert basic values.
The most probable reason why the Founding Fathers wanted to
create a government of free people was because the United States used to be a
colony of different colonizers. They wanted their people free from these
regimes so they conquered these colonizers and created a government that would
govern their people.