Command Economy

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Economic Growth

-Government indicates growth plan. -Assign quotas, theres little incentives and minimum efficiency.

Economic Efficiency

-Government owns all means of production Business not allowed to fail and they tend to be wasteful of natural resources.

Economic Equity

Wages are set by the government and wages are the same for each job. Cannot change jobs easily *caste system

Economic Freedom

Decisions made by the government. Little decisions, little options and lack of person choice for consumers.

Economic Security

Income, Housing,health care, education all provided by the government

Full Employment

Most classes have job-that may not be their choice.

Economic Stability

Prices are set by the government to make sure goods are sold.


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