Command Economies Never Work Research Paper
Command and MIxed economy Carson Simon, Makayla Mason
Command economies never work. “In a command economy the central government makes all economic decisions”. The reason Command economies never work is because there is no incentive. Owners of businesses don’t choose, what they make, how much it costs, or how much their employees get. Since they don’t get to choose how much their employees make, no matter how hard they work, they will still get the same amount of money. So someone who makes 100 computers a day, and someone who makes 1 computer a day make the same amount of money. That is why command economies never work.
A mixed economy is a combination of a command economy and market. In this type of economy the government usually
Command economies never work. “In a command economy the central government makes all economic decisions”. The reason Command economies never work is because there is no incentive. Owners of businesses don’t choose, what they make, how much it costs, or how much their employees get. Since they don’t get to choose how much their employees make, no matter how hard they work, they will still get the same amount of money. So someone who makes 100 computers a day, and someone who makes 1 computer a day make the same amount of money. That is why command economies never work.
A mixed economy is a combination of a command economy and market. In this type of economy the government usually