1 of 3

Slide Notes

DownloadGo Live

Command Economy

Published on Nov 18, 2015

No Description

PRESENTATION OUTLINE

COMMAND ECONOMY

By: Lersibet, Cristian, Euddy, Leo
Photo by SS&SS

THE GOVERNMENT

  • The Government is the final authority
  • to take decisions regarding productin.
  • The governments certified planners
  • come second in the hierarchy.
The Government is the final authority to take decisions regarding production.

PLANNED ECONOMY

  • In a carefully planned economy system,
  • both surplus production and unemployment
  • rates remain at a reasonable level.
  • Encourages investments in long -standing
  • project- related infrastructures.
Photo by bulliver