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That's fine, but the previous definition was the abstract definition used in economic theory. A pure command economy has probably never existed much like a free-market economy has never existed. Your professor most likely presented criteria for finding real-world approximations to the pure command economy of economic theory.
Planned economy#Command economy To a section : This is a redirect from a topic that does not have its own page to a section of a page on the subject. For redirects to embedded anchors on a page, use {{ R to anchor }} instead .
Python is a high-level, general-purpose programming language. Its design philosophy emphasizes code readability with the use of significant indentation. [33] Python is dynamically type-checked and garbage-collected. It supports multiple programming paradigms, including structured (particularly procedural), object-oriented and functional ...
Economic analysts have argued that the economy of the Soviet Union actually represented an administrative or command economy as opposed to a planned economy because planning did not play an operational role in the allocation of resources among productive units in the economy since in actuality the main allocation mechanism was a system of ...
Capitalists can chose to coordinate a planned economy together and monopoly capitalists implicitly plan out their economy, a couple example of a Capitalist planned economy are the way coal towns were typically run during the 1800's or how the Congo was privately run from 1885-1908.
A little before 8 one summer morning, the canyons of downtown Los Angeles still hold the cool of night. Santiago Lopez walks down 6th Street into the deep and familiar shade of a high-rise lofting ...
Planned economies contrast with command economies in that a planned economy is "an economic system in which the government controls and regulates production, distribution, prices, etc." [39] whereas a command economy necessarily has substantial public ownership of industry while also having this type of regulation. [40]
For those in a relationship, an empty nest suddenly puts the spotlight back on that relationship, for better or for worse. Use this time to reconnect, have fun — and yes, work on any issues that ...