知識社群ePortfolioLogin
command economy
by 趙永祥 2016-05-26 07:44:08, Reply(0), Views(529)

BusinessDictionary.com
TERM OF THE DAYMAY 25, 2016
command economy
f   t

An economy in which market mechanisms are replaced by a centralized state authority which coordinates alleconomic activity through commands, directives and regulations for the purpose of achieving broader socio-economic and political objectives. In a command economy, most forms of output are publicly owned but the state exerts control over productiondistribution and prices. For example, ... Read more

USAGE EXAMPLE
The command economy did not allow farmers the freedom to grow as much corn as they wanted; instead, they had to grow as much as the government told them to grow or else they would not be allowed to grow corn again.
TODAY'S LATEST
InvestorGuide Daily
Get Out While You Can as the 3D Printing Rally Is Dead
After hitting all-time lows in February, almost all of the 3D printing stocks rallied strongly over the next few weeks. Companies like 3D Systems (DDD) even racked up 200% gains as ...Read more
InvestorGuide Stock of the Day
Seaspan (SSW) Stock Sinks After New Share Offering
Shares of the Seaspan Corporation (SSW) were trading down -1.82 or -11.23 percent to $14.38 per share in Tuesday's premarket after the company announced it would offer 5 million ...Read more
RECOMMENDED LINKS
Business Dictionary Recommended
BusinessDictionary.com
Investor Guide Recommended
InvestorGuide.com
DQ
Daily-Question.com