An economy system in which the elements of an economy are subject to government control and regulation designed to achieve the objects of a comprehensive plan of economic.
Size: 435.37 KB
Language: en
Added: May 24, 2022
Slides: 6 pages
Slide Content
PLANNED ECONOMY
INTRODUCTION Planned Economy : - omfrancaindows A planned economy ( also called a command economy ) is an economic system in which a government or ruler makes most or all of the important decisions about the production and distribution of goods and services in the society .
PLANNED ECONOMY ACTIVIT IES A planned economy is a type of economic system where investment, production and the allocation of capital goods takes place according to economy-wide economic plans and production plans.
EXAMPLE Central planning is typically associated with the formerly communist countries of Eastern Europe and the Soviet Union, as well as the contemporary governments of Cuba, China, and parts of Asia.
PLANNED ECONOMY COUNTRIES C hina Cuba North Korea Russia