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Line 1: − {{stub}}A '''command economy''' is an system in which [[government]], not the [[free market]], guides and plans [[business]] activity.+
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A '''command economy''' is an system in which [[government]], not the [[free market]], guides and plans [[business]] activity.
Examples include [[Communism]] and [[Fascism]]. [[Nations]] with [[Free Market]] economies sometimes institute command economies in time of [[War]], for example the [[United Kingdom]] in [[World War II]]. The heavily regulated economies of the [[Euro]] zone have evolved into de facto command economies.
Examples include [[Communism]] and [[Fascism]]. [[Nations]] with [[Free Market]] economies sometimes institute command economies in time of [[War]], for example the [[United Kingdom]] in [[World War II]]. The heavily regulated economies of the [[Euro]] zone have evolved into de facto command economies.