History

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  • Tuesday- may 24, 2069- History class
  • Funny you ask Gavin,  command economy is a form of economy that the government controls economic decisions and also owns the land and all production. 
  • Hey Tyler what is a command economy?
  • The government also does not follow the rules of supply and demand and controls all prices. 
  • Wow our governments free market is so munch better!
  • yeah the first one was introduced in Germany.....
  • After World War I Germany was in debt because they had to pay for reparations so they came up with a new idea for their economy 
  • I will raise  all prices and everyone must work 
  • There were even traces as far back as ancient Egyptians that they had a similar economy and similar ideas. 
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