| Revision as of 02:51, 2 November 2005 editEd Poor (talk | contribs)Extended confirmed users, Pending changes reviewers59,209 edits stub with too much intro and not enough mody← Previous edit | Latest revision as of 05:10, 19 August 2020 edit undoDavide King (talk | contribs)Extended confirmed users103,937 edits #REDIRECT Planned economy#Command economy {{r to section}}Tag: Redirect target changed | ||
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| In a '''command economy''', the government determines production levels and sets prices. This is said to be advantageous because it prevents unscrupulous investors from taking advantage of the people. It is also criticized - chiefly by ] advocates such as ] - on the grounds that centralized planning has always been ineffective because it ignores the ]. | |||
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