In a command economy, establish(es) what will be produced and when, set(s) production goals, and make(s) rules for distribution. individuals and households only privately owned firms individuals, households and privately owned firms a centralized authority
In a command economy, establish(es) what will be produced and when, set(s) production goals, and make(s) rules for distribution. individuals and households only privately owned firms individuals, households and privately owned firms a centralized authority
Chapter19: Economies In Transition
Section: Chapter Questions
Problem 20SQ
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In a command economy, establish(es) what will be produced and when, set(s) production goals, and make(s) rules for distribution. individuals and households only privately owned firms individuals, households and privately owned firms a centralized authority
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