Command
Kuvakäsikirjoitus Teksti
- I thought this was gonna be more fun than this its so lame there's no type of market in this hangout like we're the decorations.
- I know right what is this it's just command and controlled by the Government
- Well there are many differences between command and market because in a command economy the governments own factors of production and they set the prices then in a market economy prices are set by supply and demand
- Well there are also many similarities between market and command like they both reduce the rate of uneployment in state econmy
- Well in market you can be really creative than in your command economy and you can be more free than commnad
- well how does command answer the three economic questions what to produce? How to produce? For whom to produce?
- A command economy answers the three economic questions by making allocation decisions centrally by the government
- Well in command you cant be that creative besides listen to the government and follow what they say and you are also not that free
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