Pros and cons of the command and control system.

The advantages of such a system are that the country knows exactly how much and what is produced, it can control the supply, price and wages. The entire economy is in the hands of the state. And there are much more disadvantages, because there is no right to private property. Business and entrepreneurship is prohibited in the country, and everything belongs to the state. There is no possibility to independently search for sales markets, to enter international markets without the consent of the state. The pluses include the controlled inflation rate in the country.



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