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... a market economy ... of economy and ......
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A command economy, or "planned economy" refers to an economic model in which the government instructs fac ......
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The command economy is a key feature of any communist society. China, Cuba, North Korea and the former Soviet Union are examples of countries that have ......
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Definition of command economy: An economy where supply and price are regulated by the government rather than market forces. Government planners decide....
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Definition of command economy: An economy where supply and price are regulated by the government rather than market forces. Government planners decide... ... command economy Definition An economy where supply and price are regulated by the government rath...
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Get information, facts, and pictures about Command Economy at Encyclopedia.com. Make research projects and school reports about Command Economy easy with credible articles from our FREE, online encyclopedia and dictionary....
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command economy, economic system in which the means of production are publicly owned and economic activity is controlled by a central authority that assigns quantitative production goals and allots raw materials to productive enterprises. In such a system...
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A system where the government, rather than the free market, determines what goods should be produced, how much should be produced and the price at which the goods will be offered for sale. The command economy is a key feature of any communist society....