CIPD QUESTIONS

Life in a Centrally Panned Economy, economics homework help

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Thinking back on the information you have learned in this unit about different types of economic systems, imagine that you are moving from the United States (which has a mixed economy) to a country that has a largely centrally planned (or command) economy. Then in a short essay of at least two paragraphs, explain how your life will change (economically and otherwise) as you begin to live in your new home and country.

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Life in a Centrally Panned Economy, economics homework help

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