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Command economy - Simple English Wikipedia, the free encyclopedia


A command economy, or a planned economy, is where the big decisions are made at ... out that it is not possible for the planning body to have perfect information. ... Countries with command economie...

Command Economy Definition | Investopedia


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 ...

Command Economy: Definition, Characteristics, Advantages ...


Advantages to a command economy, and examples, will be. ... escape the country; it was reported in 2015 that over 1,400 public executions have occurred since ...

What Is a Command Economy? -- The Motley Fool


Aug 31, 2015 ... A command economy consists of an economic system in which the ... Most people associate command economies with communist countries like Cuba, ... that command economies have been rightly relegated to the dustbin of ...

Command economy | Economics Help


Nov 28, 2012 ... In a command economy, the government will have over-riding macro ... mixed economy – though politically the country still remains communist.

Command Economy, Planned Economy | Economy Watch


Oct 13, 2010 ... Though many countries now-a-days are switching off from Planned Economy ... South Korea's New Anti-Corruption Law Could Have Economic ...

Planned economy


Its most extensive form is referred to as a command economy, centrally .... most if not all countries employing command economies have been dictatorships or ...

List of 16 Big Pros and Cons of a Command Economy | ConnectUS


Jun 6, 2015 ... For a command economy, it is primarily implemented in communist .... we can have ideas of how it does for a certain country and, eventually, ...

Types of Economic Systems - Shmoop


And while Mick Jagger probably didn't have Econ 101 in mind, he managed to sum ... In a command economic system or planned economy, the government ... has assumed varying degrees of control over the economy in socialist countries.

What is a command economy? definition and meaning


Definition of command economy: An economy in which market mechanisms are ... great deal of friction with the United States of America and other western countries. ... have used a command economy instead of a capitalist or free market one.

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What countries have a planned economy? - Ask.com


North Korea, Cuba and Zimbabwe are countries that have planned economies, as of October 2014. The largest country to have a planned economy was the ...

Command Economy: Definition, Characteristics, Pros, Cons


Here are 5 characteristics, pros, cons, and examples of countries. ... In recent years, many of these centrally-planned economies have added aspects of the ...

Command economy - RationalWiki


Apr 2, 2016 ... The two major countries with command economies, China and the Soviet ... It should be noted that a command economy can actually have ...