Ask Question
HistoryHistory
12 April, 04:29

What economic characteristics does a centrally planned economy oppose that market economy encourages

+5
Answers (1)
  1. 12 April, 06:44
    0
    A centrally planned economy oppose these basic economic characteristics - Property owned by private individuals, Market pricing determination by supply and demand forces, encouragement of competition among the companies and providing a wide range of choice to consumer. Therefore, a centrally planned economy believes in restricted type of economy which is mostly governed by government.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question ✅ “What economic characteristics does a centrally planned economy oppose that market economy encourages ...” in 📘 History if you're in doubt about the correctness of the answers or there's no answer, then try to use the smart search and find answers to the similar questions.
Search for Other Answers
You Might be Interested in
Which of the following correctly characterizes the different post-war goals of the United States and the Soviet Union? The United States wanted to promote democracy throughout the world, while the USSR wished to spread a single-party system.
Answers (2)
Which is not one of the four pillars of democracy? opportunity for education taxation without representation equality before the law the citizen's freedom voting rights
Answers (1)
How did the Persian religion stress the importance of each individual person? It believed in one powerful god rather than many gods. It accepted the existence of both good and evil. It stated that people had to choose between good and evil.
Answers (1)
Leader of the American Railway Union, he voted to aid workers in the Pullman strike. He was jailed for six months for disobeying a court order after the strike was over. 1. Eugene Debs2. Edwin Drake3. Christopher Sholes4. Andrew Carnegie
Answers (1)
Which group took power in south africa in 1948 after proposing the system of apartheid?
Answers (2)
New Questions in History
Why does God want Jonah to go to Ninevah? A. to escape from the dangers that he might face in Tarshish B. to bring God's blessing to the righteous people of that city C. to tell the Ninevites to mend their wicked ways D.
Answers (1)
Name the 2 rifles used by the British and the Germans during WW1
Answers (1)
Who wrote essays urging the ratification of the constitution?
Answers (1)
Which Renaissance painter from northern Europe was one of the earliest artist to paint on wood panels with colors mixed in oil?
Answers (1)
What do the nineteenth amendment and the indian citizenship act of 1924 have in common
Answers (1)
Home » History » What economic characteristics does a centrally planned economy oppose that market economy encourages
Sign Up Forgot Password?