Concept information
Terme préférentiel
command economies
Définition(s)
- In market economies, decisions about production, pricing, distribution, and investment are made by private owners of capital and are motivated by profit maximization. In command economies, by contrast, the state owns all productive assets and controls and directs the economy. [Source: Sociology of Work: An Encyclopedia; Command Economies]
Concept(s) générique(s)
Appartient au groupe
URI
http://data.loterre.fr/ark:/67375/N9J-JVD897N8-7
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