Amadeo   1   Definition of Command Economy:

• Is a economy where the central power do all the economics decisios.
• The central power owns all the means of production. 
• In Command Economy the central power also ignores the customs that guide a Traditional Economy.

Amadeo   1   Characteristics of a Command Economy:

• It has a central economic plan in all the economic sectors.
• All the resources are own by the central power.
• According to the central plan, all the insdustries are own by the central.

Amadeo   1   Characteristics of a Command Economy:

• The central power creates laws to benefit their economy.
• All the businesses and companies follow the plan's production.

Amadeo    2     Command Economy

• The Command economy have the capacity of mobilze the economic resources quickly, powerfully, and on large scale.
• The can make changes in the economy, such as execute massive projects and create industrial power.

Amadeo     2         Command Economy

• In the Command economy teh yhave the power to transform societies conform the government's vision.
• Whem those "transformation" happen often they are violent , having the previous leadership being punished.

Amadeo      2         Command Economy

• In the Command society workers are designated to new jobs according to a evaluation of their skills.
• And the ones that don't agree with the central power are send to a "re-education".

Amadeo      2         Command Economy

• Good part of the population don't like the works that they are designated for.
• Often people develop a shadow economy, or illegal markets to buy and seel the kind of products that the economy doesn't have. 

Amadeo      2        Command Economy

• Most of the times the production in a Command economy is not equal, often they produce too much of somethings and not enough of something else.
• Is hard to the central power and it's planners to know the people's needs.

Amadeo    2      Command Economy

• Command economy often have trouble with global market prices.
• Command economy has trouble with internacional market because teh others countries don't have the same central plans.

Amadeo    2-3      Examples of Command Economy

• The Soviet Union is one of the biggest examples for a Command economy, with their Communist political system, because of their centralized economy, in which the government had total power of the nation's economy.
• Another good examples are China and Cuba, they have communist political system as well.