COMMAND ECONOMY
Join our WONDERFUL economy!
INTRODUCTION:
PROS:
-Stable salaries
-Basic needs provide free health care
-Promotes social goods
CONS:
-Government control
-Sometimes hard to organize
-Does not allow for individualy
Command Economy
Here in the Command Economy ALL economic decisions are made by the government!
The government decides:
1) What to produce?
2) How to produce it?
3 Who to produce it for?
All completely determined and controlled by the central authority or the government.
Most countries with a Command Economic System also have a totalitarian government.
1. Cuba 2. North Korea 3. China