Important Notice: Our web hosting provider recently started charging us for additional visits, which was unexpected. In response, we're seeking donations. Depending on the situation, we may explore different monetization options for our Community and Expert Contributors. It's crucial to provide more returns for their expertise and offer more Expert Validated Answers or AI Validated Answers. Learn more about our hosting issue here.

Can equity be achieved in a command economy?

0
Posted

Can equity be achieved in a command economy?

0

Well, a command economy is one which is directly controlled by the government (the state owns land, labor, capital). Although this would reduce competitiveness which would allow equity amongst the general public, you’d have to think about the lack of equity that could result of a government having total power. In actuality, it could easily turn into a dictatorship.

Related Questions

What is your question?

*Sadly, we had to bring back ads too. Hopefully more targeted.

Experts123