COMMAND ECONOMIC
by-genesis allen
INTRO
The reason why people want a command economic because everyone will be equal and wealthy. Also don't want it because its only rule by one person and that person will take money from the people and there won't be alot of jobs able for everyone.When you think about it there is no real benefit to a command economic that's why alot of people don't have it.
About Command Economic
All economic decisions are made by the government.
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.
Command Economy
jeremih - Oui (lyrics)
Refutations
1.Government is control of everything.
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.