About Command Economic
The government decides:
~What to produce?
~How to produce it?
~Who to produce it for?
All decisions are made for the purpose of promoting social goals;for the good of society.
Most countries with a command economic system also have a totalitarian government.
2.Sometimes hard to organize and get things together.
3.It causes black markets to explode.
4. It offers no competition.
5. It causes unbalanced amounts of goods.
6. It leads to export problems.
7. It makes coordination difficult or even impossible.
8. It misplaces incentives.