Command Economies

Eva Katalin Fodor, Christy Glass

Research output: Contribution to Book/Report typesEntry for encyclopedia/dictionarypeer-review

Abstract (may include machine translation)

In market economies, decisions about production, pricing, distribution, and investment are made by private owners of capital and are motivated by profit maximization. In command economies, by contrast, the state owns all productive assets and controls and directs the economy
Original languageEnglish
Title of host publicationSociology of Work
Subtitle of host publication An Encyclopedia
EditorsVicki Smith
PublisherSAGE Publishing
Pages104-107
DOIs
StatePublished - Jun 2013

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