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Socialism

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Q: The production and distribution of goods is planned by the government to assure fairness for all of the people?
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The production and distribution of goods can be planned by the government to assure fairness for all of the people?

socialism


What is The production and distribution of goods is planned by the government to assure fairness for all of the people.?

socialism


What is the production and distribution of goods that is planned by the government to assure fairness for all people?

Socialism (A+)


Which term fits the description of the production and distribution of goods can be planned by the government to assure fairness for all of the people?

Socialism


What type of economic model fits this description the production and distribution of goods can be planned by the government to assure fairness for all the people?

Socialism (A+)


What type of economic model fits this description the production and distribution of goods can be planned by the government to assure fairness for all of the people?

Socialism (A+)


How do you define planned economy?

An economic system in which the government controls and regulates production, distribution, prices, etc.


Which is true of the government in a centrally planned economy?

The government places much emphasis on the production of consumer products.


What economic theory states that the government should own and control the means of production and distribution?

Centrally Planned Economies are typical of totalitarian countries such as Cuba, North Korea. The econonomic theory behind these governments is usually a form of Marxism.


What does the government the in a centrally planned economy?

Everything linked to money and production. Firms, taxes are some examples.


What applies to all centrally-planned economies?

The government places much emphasis on the production of consumer products.


What statement applies to all centrally-planned economies?

The government places much emphasis on the production of consumer products.