Phrases with «command economy»

A command economy is a system where the government has the power to control and direct production, distribution, and prices of goods and services. It means that the government determines what and how much to produce, how it should be distributed, and the prices at which it will be sold. Full definition

economy (parent phrase)
command (parent phrase)

command economy

Sentences with «command economy»

This will cause catastrophic side effects on the global economy and the environment as have always been the consequences of command economy measures, clearly demonstrated by actions already taken. (climateaudit.org)
We have seen the centrally planned command economies of the socialist states. (religion-online.org)
The failure of command economy should not be considered as a victory and justification of capitalism. (religion-online.org)
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Phrases with «command economy»

Sentences with «command economy»

See also