This preview shows page 1. Sign up to view the full content.
Unformatted text preview: to motivate, coordinate, and direct economic activity. Two polar systems: the command system and the market system. The Command System Known as som or communism The government owns most property resources and economic decision making occurs through a central economic plan. Central planning board makes all of the decisions such as ....
View Full Document
This note was uploaded on 10/14/2008 for the course ECON 2001 taught by Professor Kephart during the Spring '08 term at Corning CC.
- Spring '08