![Page 1: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/1.jpg)
II. B. Command Economy
aka Communism
Ch 2 section 2
![Page 2: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/2.jpg)
![Page 3: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/3.jpg)
![Page 4: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/4.jpg)
![Page 5: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/5.jpg)
Due to great suffering of workers in laissez-faire industrial economies in
the mid 1800’s, philosopher Karl Marx advocated a world-wide workers
rebellion. “Workers of the world unite! You have nothing to lose but your
chains!”
![Page 6: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/6.jpg)
![Page 7: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/7.jpg)
![Page 8: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/8.jpg)
![Page 9: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/9.jpg)
In many countries (Soviet Union, China, etc) workers rebelled and created a government
based on equality—a classless society. Government took control of economy and
the four factors of production.
![Page 10: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/10.jpg)
To ensure equality, they abolished private ownership and
entrepreneurship.
![Page 11: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/11.jpg)
Government took charge of business, and created monopolies for ease of
management, run by far away bureaucracies (government agencies).
![Page 12: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/12.jpg)
![Page 13: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/13.jpg)
![Page 14: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/14.jpg)
![Page 15: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/15.jpg)
![Page 16: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/16.jpg)
House Un-American Activities Committee (HUAC)
![Page 17: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/17.jpg)
![Page 18: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/18.jpg)
![Page 19: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/19.jpg)
![Page 20: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/20.jpg)
![Page 21: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/21.jpg)
![Page 22: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/22.jpg)
![Page 23: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/23.jpg)
![Page 24: II. B. Command Economy aka Communism Ch 2 section 2](https://reader033.vdocument.in/reader033/viewer/2022061305/551424b3550346e7488b598a/html5/thumbnails/24.jpg)
Due to the inefficiency of government control and an absence of the market pillars,
command economies are in great decline.