Command Economy
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Which Nation Has a Command Economy? 5 Examples Around the World
Overview Which Nation Has a Command Economy? It’s where the government controls production, pricing, and distribution of goods. Unlike a market-driven system, private ownership is…
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1 Alarming Flaw of a Command Economy You Shouldn’t Ignore
Alt text: A centralized government controls production, distribution, and pricing of all goods. Overview A command economy is an economic system where the government exercises…