The Fundamentals of a Command Economy
Words: 491 Pages: 2 1294Ever heard of a command economy? It's like a government master plan for everything from making stuff to getting it to people. Unlike free markets where it's all about supply and demand ruling the roost, a command economy puts big boss government in charge of calling the shots. Think of it as the referee of resources, making sure everyone gets a fair slice and stopping big gaps between rich and not-so-rich. In this setup, the government decides what gets made, […]