Command Economy

Command Economy in the United States

Command Economy in the International Business Landscape

Definition of Command Economy in the context of U.S. international business and public trade policy: A planned economy where crucial economic decisions are made to a large extent by government, not market forces.

Command Economy in the International Business Landscape

Definition of Command Economy in the context of U.S. international business and public trade policy: An economic system where the allocation of resources, including determination of what goods and services should be produced, and in what quantity, is planned by the government.


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