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Cultural economics is the branch of economics that studies the relation of culture to economic outcomes. Here, 'culture' is defined by shared beliefs and preferences of respective groups. Programmatic issues include whether and how much culture matters as to economic outcomes and what its relation is to institutions. [ 1 ]
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 ...
This form of socialism combines public ownership and management of the means of production with centralized state planning and can refer to a broad range of economic systems from the centralized Soviet-style command economy to participatory planning via workplace democracy. In a centrally-planned economy decisions regarding the quantity of ...
GitHub (/ ˈ ɡ ɪ t h ʌ b /) is a proprietary developer platform that allows developers to create, store, manage, and share their code. It uses Git to provide distributed version control and GitHub itself provides access control, bug tracking, software feature requests, task management, continuous integration, and wikis for every project. [8]
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[2] [3] The temple economy (or temple-state economy) is a similar concept. The concept of economic distribution is at least as old as the advent of the pharaohs . Anthropologists have noted many such systems, from those of tribesmen engaged in common subsistence economies of various sorts to complex civilizations, such as that of the Inca ...
A pure command economy has probably never existed much like a free-market economy has never existed. Your professor most likely presented criteria for finding real-world approximations to the pure command economy of economic theory. However, a rigorous definition must be made for purposes of economic modeling.
Planned economy#Command economy To a section : This is a redirect from a topic that does not have its own page to a section of a page on the subject. For redirects to embedded anchors on a page, use {{ R to anchor }} instead .