0
Still curious? Ask our experts.
Chat with our AI personalities
Professor
Taiga
Maxine
Add your answer:
Earn +20 pts
Which is the best example of an element of a command economy?
Five-Year Plans in the Soviet Union
What are the 5 main economic goals?
The five main economic goals are: 1. Full Employment 2. Stable Prices 3. Economic Growth 4. Balanced Budget 5. Balance-to-Payment Equilibrium
Five results of poverty and how these can be reduced?
Poverty can be reduced if only the nation can be obiediance, doing Gods will and be subbmitive to God. By Kenneth TK Thethe.
Why did Lenin's New Economic Policy in Russia end?
Joseph Stalin ended Lenin's New Economic Policy in 1929 because he instituted his own economic plan called the Five Year Plan. The three Five Year Plans were designed to increase Russia's industrial capacity turning the country from an agrarian economy to an industrial one. Stalin felt this was necessary in order to enable the Soviet Union to compete with the West economically. In addition, Stalin and other high ranking members of the Communist Party never agreed with Lenin's reintroduction of capitalism in certain areas of the economy. The Five Year Plans eliminated this retreat from communism to capitalism while at the same time strengthening Soviet industry.
What are the five basic economic goals guiding society choice of system?
*Quick Note* If you have the economics textbook that I have [ California Prentice Hall: Economics: Principles in Action// by Arthur O' Sullivan and Steven M. Sheffrin] Then you can find the answers on pages 26 && 27. They are the green subtitles! Answer: The 5 economic goals are: [A] Economic Efficiency [B] Economic Freedom [C] Economic Security and Predictability [D] Economic Equity [E] Economic Growth and Innovation XoXo Katt
