{"id":35,"date":"2009-09-23T21:19:43","date_gmt":"2009-09-24T03:19:43","guid":{"rendered":"http:\/\/opengecko.com\/?p=35"},"modified":"2009-09-24T05:49:04","modified_gmt":"2009-09-24T11:49:04","slug":"command-or-planned-economies","status":"publish","type":"post","link":"https:\/\/opengecko.com\/geckoview\/economics\/command-or-planned-economies\/","title":{"rendered":"Command (or Planned) Economies"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone\" title=\"Women, Go into the Cooperatives, 1918\" src=\"http:\/\/farm4.static.flickr.com\/3495\/3198918949_5616f379cf.jpg\" alt=\"\" width=\"366\" height=\"500\" \/><\/p>\n<p>Image by <a title=\"Link to bobster855's photostream\" rel=\"dc:creator cc:attributionURL\" href=\"http:\/\/www.flickr.com\/photos\/32912172@N00\/\"><strong>bobster855<\/strong><\/a> (flickr.com <a rel=\"license cc:license\" href=\"http:\/\/creativecommons.org\/licenses\/by\/2.0\/deed.en\">Some rights reserved<\/a> )<\/p>\n<p>All economies need to answer the three basic questions which result from the fact of scarcity:<\/p>\n<ul>\n<li>What to produce<\/li>\n<li>How to produce<\/li>\n<li>For whom to produce<\/li>\n<\/ul>\n<p>For a planned economy, we need to research the following:<\/p>\n<p>a) How it works &#8211; how does it answer the three basic questions above?<\/p>\n<p>b) Advantages of this economic system<\/p>\n<p>c) Disadvantages of this economic system<\/p>\n<p>d) Examples covering the three above points<\/p>\n<p>Some useful &#8216;starting point&#8217; web sites follow:<\/p>\n<p><a href=\"http:\/\/www.bookrags.com\/wiki\/Planned_economy\" target=\"_blank\">BookRags on Planned Economies<\/a><\/p>\n<p><a href=\"http:\/\/en.wikipedia.org\/wiki\/Planned_economy\" target=\"_blank\">Wikipedia on Planned Economies<\/a><\/p>\n<p><a href=\"http:\/\/www.enotes.com\/biz-encyclopedia\/centrally-planned-economy\" target=\"_blank\">enotes.com on Planned Economies<\/a><\/p>\n<p><a href=\"http:\/\/www.fact-archive.com\/encyclopedia\/Planned_economy\" target=\"_blank\">Fact Archive on Planned Economies<\/a> (probably from various sources)<\/p>\n<p><a href=\"http:\/\/news.bbc.co.uk\/2\/hi\/asia-pacific\/7538009.stm\" target=\"_blank\">BBC News on North Korea<\/a> (one of the last planned economies?)<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Image by bobster855 (flickr.com Some rights reserved ) All economies need to answer the three basic questions which result from the fact of scarcity: What to produce How to produce For whom to produce For a planned economy, we need to research the following: a) How it works &#8211; how does it answer the three&hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3,10],"tags":[26,27,11,25],"class_list":["post-35","post","type-post","status-publish","format-standard","hentry","category-economics","category-ib-economics","tag-command-economies","tag-economic-systems","tag-ib-eco-introduction","tag-planned-economies"],"_links":{"self":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/35","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/comments?post=35"}],"version-history":[{"count":7,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/35\/revisions"}],"predecessor-version":[{"id":41,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/posts\/35\/revisions\/41"}],"wp:attachment":[{"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/media?parent=35"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/categories?post=35"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/opengecko.com\/geckoview\/wp-json\/wp\/v2\/tags?post=35"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}