7/25/2019 Ethics Slide - Tarun

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7/25/2019 Ethics Slide - Tarun

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Command Economy

StrengthsWe

Lac

De

Conbr

L

Centrali#ed$lanning

Controlovercertainkeyindustries

EconomicE%uity

&he administration' and not themarket' controls the production'distribution and pricing of goods(E"amples ) *orth +orea' Cuba'

former Soviet ,nion(

oals of a commandeconomy

Socio - economic e%uity

Concentration of resources in afe. areas

Security and stability

Long term economic planning