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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Real Man who wrote (397262)11/16/2009 6:07:44 PM
From: Giordano Bruno  Read Replies (1) of 436258
 
Its most extensive form is referred to as a command economy,[3] centrally planned economy, or command and control economy[4]. In such economies, central economic planning by the state or government controls all major sectors of the economy and formulates all decisions about the use of resources and the distribution of output.[5] Planners decide what should be produced and direct lower-level enterprises to produce those goods in accordance with national and social objectives.

Interesting.
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