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Retrieved from "https://en.wikipedia.org/w/index.php?title=Command_and_control_economy&oldid=190034205"
Gregory Grossman (July 5, 1921, Kiev – August 14, 2014 [1]) was the professor emeritus at UC Berkeley and an authority on the economy of the Soviet Union. [2] He is credited with the introduction of the terms "second economy" and "command economy".
National economies can be run from the top down, so to speak, in what is sometimes called a command economy or they can be run from the bottom up in what is sometimes called a free market. In the ...
An administrative-command system managed a distinctive form of central planning. The Soviet economy was second only to the United States and was characterized by state control of investment , prices , a dependence on natural resources , lack of consumer goods , little foreign trade , public ownership of industrial assets, macroeconomic ...
Economic analysts have argued that the economy of the Soviet Union actually represented an administrative or command economy as opposed to a planned economy because planning did not play an operational role in the allocation of resources among productive units in the economy since in actuality the main allocation mechanism was a system of ...
The administrative-command system (Russian: Административно-командная система, romanized: Administrativno-komandnaya sistema), also known as the command-administrative system, is the system of management of an economy of a state characterized by the rigid centralization of economic planning and distribution of ...
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