in a command economy who makes the decisions?

Producers and consumers make some economic choices while the government makes others. (p. 12) In a command economy, the individual decisions of many producers and consumers make the macro-level decisions for the whole economy. Jun 16, 2015 . SURVEY . Consumer Economics (10th Edition) Edit edition. Planned EconomyWhat It MeansA planned economy (also called a command economy) is an economic system in which a government or ruler makes most or all of the important decisions about the production and distribution of goods and services in the society. The decisions made by producers and consumers drive all economic choices. 71. 3. Cuba and north korea The circular flow diagram of economic activity is a model of the: Flow of goods, â¦ a) Firms only, b) Households only, c) Firms and households, d) Government. answer choices . Get an answer to your question The purpose of government in a command economy is to A. ensure the availability of consumer products B. encourage entrepreneurs. Most economies are mixed in that some economic . Tags: Question 10 . Compare how traditional, command, and market, economies answer the economic questions of 1-what to produce, 2-how to produce, and 3-for whom to produce. In a command economy, the _____ either makes most economic decisions itself or at least strongly influences how the decisions are made. The government also makes decisions about incomes and investments. the personal ownership of property the influence of consumer demand. In an economic system the main decisions are, for example, allocating resources like labour, capital and oil. There were times when the Central committee would take time out to discuss whether women's coats should have a fur collar, and how many to make. produce, how to produce it and who receives it. Command economy. The department of health makes plans for drugs, vaccines, hospitals, hiring nurses and doctorsâ¦. 15 terms. Explain how most countries have a mixed economy located on a continuum between pure market and pure command. A. encourages competition B. owns small businesses C. makes all economic decisions D. makes few economic decisions 45 seconds . In a command economy, the government _____. The government determines economic choices and makes most decisions. Resources and Scarcity. Tags: Question 11 . Tags: Question 14 . ð Correct answer to the question An economy where a central authority makes the major decisions about what, how, and for whom to produce. The United States has more characteristics of a market economy than a command economy, where a government controls the market. Basically the government decides how to run the economy while the people do what the government tells them. A. encourages competition B. owns small businesses C. makes all economic decisions D. makes few economic decisions command economy market economy Business owners make decisions about how to run their companies. Planned economies contrast with command economies in that a planned economy is "an economic system in which the government controls and regulates production, distribution, prices, etc." Lots of bureaus and departments, each makes decisions regarding one part of the economy. b. 72. Problem 2RQ from Chapter 2: Who makes the basic economic decisions In a command economy? A) command B) market C) mixed D) traditional THIS SET IS OFTEN IN FOLDERS WITH... Economic Systems. The government or the collective holds ownership of the means of production as well as of land. Citizens cannot make most economic decisions. 30 seconds . Command Economy In an command economy the government owns the major industries. the government. SURVEY . (p. 13) A market-directed economy is one in which government officials decide what and how much is â¦ Most economies in the real world are mixed; they combine elements of command and market systems. A command economy is an economy where government officials, headed by the president, make most of the decisions. Q. And equally difficult to pry the assets out of the hands of the truly wealthy. cultural traditions . decisions are made by individuals and private firms, but some are also made by government officials, either through rules and regulations or through government-owned firms. The government owns some or all of the industries producing goods and services. tabrown2000. Jun 17, 2015 . What is your answer? Business economic decisions are generally made with the survival and profitability of the company in mind. Source for information on Planned Economy: Everyday Finance: Economics, Personal Money Management, and Entrepreneurship â¦ *This file focuses on â¦ Question: Which statement best describes a command economy? D. promote economic freedom. They decide on what goods to produce and its corresponding prices, as well as, how to distribute the goods. â¦ A. What do your text materials say? Government Which of the following best describes a fiscal policy tool? The decisions about the allocation of those resources are made by individuals without government intervention. C. make major economic decisions. Most economies in the real world are mixed; they combine elements of command and market (and even traditional) systems. Get an answer to your question âWho makes economic decisions in a command economy ...â in ð History if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions. A command economy, or a planned economy, is where the big decisions are made at the centre by the government.. In a market economy, who makes the decisions that guide most economic activity? 4. 1. Mixed economy. Traditional Economy B. Which of the following is NOT one of the three basic questions of economics when looking at economic systems? How many types of economies are there? In a command economy decisions about what, how, and for whom to produce are determined by. Question 1 options: Business leaders Government Consumers All of the above 0 0 429; Anonymous. Decisions made by command economy governments have historically lead to product and service shortages and surpluses, as central planners have struggled to â¦ Get solutions The president makes the economic decisions in a command economy. In a planned economy, the government makes most decisions about what will be produced and what the prices will be, and the market must follow that plan. c. Compare and contrast the basic types of economic systems found in Canada*, Cuba, and Brazil. In a command economy, who issues "commands" regarding the three basic economic choices? In a command economy system, it is not the free market but the government that makes important decisions like which goods to produce, what amount of these goods to produce, and how much they cost. 60 seconds . Government spending In countries like _____ the command economy predominates. What is prohibited in a command economy? The U.S. economy is positioned toward the market-oriented end of the spectrum. It is viewed as a contrasting system to mixed or free market economies. In a command economy, economic effort is devoted to goals passed down from a ruler or ruling class. The U.S. economy is positioned toward the market-oriented end of the â¦ Governments in a command economy are usually led by a dictator and/or are totalitarian governments. You can view more similar questions or ask a new question. 0 0; Reed. SURVEY . There are no completely "(2) free-enterprise " or market economies. Government intervention in economic choices is strictly forbidden. Command Economy C. Market Economy - ehomework-helpers.com In a command economy, the either makes most economic decisions itself or at least strongly influences how the decisions are made. 8M In a most economic decisions about what to produce, how to produce it, and for whom to produce it are made by buyers and sellers. Q. A command economy tends to exist under a. socialist government that provides a lot of regulation. answer choices . 1 Strengths and weaknesses 2 Social democracy compared 3 Examples 4 Avoiding waste 5 â¦ whereas a command economy necessarily has substantial public ownership of industry while also having this type of regulation. 5. Who is responsible for producing goods and services? In conclusion, a command economy is an economy in which the government makes the majority of the economic decisions and usually controls most or all of the means of production. In this type of economic system, the government controls all aspects of the economy and makes all decisions about what goods will be produced, who will produce them, and how they will be produced. Who makes all the major economic decisions in a Command economy 20How much from CJC 2000 at Indian River State College In a command/planned economy, the decisions were made by the Central Committee. Report an issue . Because of this the government controls the quantity (amount) â¦ CHECK ALL THAT APPLY. supply and demand. The government decides how much of an item should be . Traditional economy. In a command economy, such as war time russia, the production decisions are made by the top man. â¦ In this scenario, economic decisions are determined by market forces, not governments. Q. answer choices . Command Economy , government officials make most of the decisions in the economy about what to . Command economy. Most countries in the world, including the US, use what economic â¦ Native Americans Tribes in Africa Amish Community Command Economy In a command economy the government makes all the decisions. Under this economy, â¦ It's pretty hard to deny the more productive people higher incomes. In a command economy, the government _____. 1. Many countries in Europe and Latin America, while primarily â¦ A command economy has the mechanism to distribute wealth equally, and the political system is often established under than premise, but I don't believe it actually happens that way. A Command economy or Centrally planned economy is an economic system in which a central authority, usually a government, has the power and responsibility to make all economic decisions. Drag and drop each statement into the box with the economy it best reflects. What goods and services will be produced? What is the price of the goods? A command economy can â¦

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