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Luokat: Kaikki - private - government - competition - command

jonka Rebecca Jarvis 5 vuotta sitten

152

ECONOMIC SYSTEMS

Economic systems can be categorized broadly into command and free-market economies, each with distinct characteristics and implications. In a command economy, central planning by the government dictates production and distribution, aiming for social equity and security.

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How Can Dialogue With Canadian Indigenous Peoples Promote Peace In Canada?

luonut Victoria Evans

GOVERNMENT AND POLITICS

luonut Shreet Shah

Industry Location Factors

luonut Paddy Penton

The Economy of the !

luonut James Baker

ECONOMIC SYSTEMS

Command Economy

Economic initiative may be suppressed due to lack of profits motive

ECONOMIC SYSTEMS

Economic systems can be categorized broadly into command and free-market economies, each with distinct characteristics and implications. In a command economy, central planning by the government dictates production and distribution, aiming for social equity and security.

How Can Dialogue With Canadian Indigenous Peoples Promote Peace In Canada?

GOVERNMENT AND POLITICS

Industry Location Factors

The Economy of the !

ECONOMIC SYSTEMS

Command Economy

Economic initiative may be suppressed due to lack of profits motive

Decision making is centralised

Lack of individual freedom and choice

People have greater security and social solidarity

Services such as health and education are provided by the government

Social ownership of land and capital

Socially equitable distribution of national income

Concerntration of power in a Ruling party

Central economic planning

Free market economy

Private wealth may be maximised at the expense of others

Could result in irresponsible behaviour by firms, i.e pollution

Competition eliminated by monopolies

All resources are only available at prevailing price

Private property

Limited government involvement

Prices and markets

Self interest

Mindomo

Lisää tietoja

Ukk

ECONOMIC SYSTEMS

Economic systems can be categorized broadly into command and free-market economies, each with distinct characteristics and implications. In a command economy, central planning by the government dictates production and distribution, aiming for social equity and security.

How Can Dialogue With Canadian Indigenous Peoples Promote Peace In Canada?

GOVERNMENT AND POLITICS

Industry Location Factors

The Economy of the !

ECONOMIC SYSTEMS

Command Economy

Economic initiative may be suppressed due to lack of profits motive

Decision making is centralised

Lack of individual freedom and choice

People have greater security and social solidarity

Services such as health and education are provided by the government

Social ownership of land and capital

Socially equitable distribution of national income

Concerntration of power in a Ruling party

Central economic planning

Free market economy

Private wealth may be maximised at the expense of others

Could result in irresponsible behaviour by firms, i.e pollution

Competition eliminated by monopolies

All resources are only available at prevailing price

Private property

Limited government involvement

Prices and markets

Self interest

Levitä sanaa Mindomosta

Mindomo

Lisää tietoja

Ukk