| Revision as of 22:18, 3 November 2005 edit80.98.244.154 (talk)No edit summary← Previous edit | Latest revision as of 05:10, 19 August 2020 edit undoDavide King (talk | contribs)Extended confirmed users103,930 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 ]. Cited from the diploma of Erzsébet Fegyver, and Peter Nagy. | |||
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