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Sagot :
The characteristics of command economies In a command economy, a significant. The government decides everything economically. The land is either owned by the government or a group of people and the production process. It is independent of supply-side economics.
Demand for that role in a market structure.The government is in control of the pricing of goods and services. The government makes all decisions for finances in the country, such as hourly rate of pay for workers. The government may even assign people the jobs. Since hourly rate of pay is regulated, also tending to be just enough to survive, people will tend to try and break the rules, such as sell stuff on the black market to make more money. The state has absolute power over all resources. The command economy has state-owned entities as well as privately-owned entities that are controlled by the state. People in power, such as politicians, give orders to buyers, sellers, and investors.
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