Under guided democracy, the government not only regulated but also controlled most economic activities. Under the command economy, the people in charge of management are active and retired military ...

Using Russia as a case study, help students examine the real-world struggles of converting from a command economy to a market economy. Begin by defining the terms "command economy" and "market ...

By the 1980s, Poland's command economy was in deep crisis. Budget deficits and inflation were skyrocketing, as was state-owned heavy industry's consumption of energy and raw materials. Meanwhile ...