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7 May, 13:53

Shortages of non priority goods and services is typically found in which economy?

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  1. 7 May, 15:06
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    A shortage of non priority goods and services is typically found in a planned ecnomy or a socialist economy as it is often called. The reason for this is that the socialist state doesn't consider all of the goods which a capitalist one would produce as necessary and for that reason doesn't think it should be produced for the people.
  2. 7 May, 17:05
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    Central planned economy which is typical for socialist system
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