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The Collapse Of A Soviet Command Economy

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What is a command economy? What was the soviet command economy? A command economy is when the government regulates everything from jobs, salaries, industry, and etc. On the other hand the soviet command economy “was based on a system of state ownership of the means of production, collective farming, industrial manufacturing and centralized administrative planning”. By the end of this essay you would be able to know what weaknesses were in this type of economy, the burdens of the soviet military commitments , and as well as the eventual collapse of the soviet command economy. A weakness that a command economy had was the lack of the requirements of a single individual. This was due to the fact that in a command economy the government deliberates

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