anonymous
  • anonymous
Select all the items that describe command economies. limited freedom for consumers inefficient use of productive resources usually not much economic growth encourages competition between businesses
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katieb
  • katieb
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anonymous
  • anonymous
@EmogirlAtEmoooocow @Notstar
anonymous
  • anonymous
@welshfella
anonymous
  • anonymous
@Luigi0210

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anonymous
  • anonymous
@adrynicoleb
Luigi0210
  • Luigi0210
Do you know what a command economy is?
anonymous
  • anonymous
no
Luigi0210
  • Luigi0210
This is a pretty good breakdown of a command economy: Pros: \(\star \) Can prevent monopoly power abuse. \(\star \) Important at mobilizing economic resources. \(\star \) Ensures the Realization of well-defined long-term goals. Cons: \(\star \) Treat to liberty and democracy. \(\star \) Difficulty in obtaining information about the needs of consumers. \(\star\) Have problems producing the right exports. \(\large \color{purple}{Source:}\) http://apecsec.org/command-economy-pros-and-cons/ You can read more if you'd like
anonymous
  • anonymous
thanks

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