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13 May, 14:04

What benefits might citizens of a centrally planned economy derive?

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  1. 13 May, 14:24
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    The centrally planned economy may be defined as the system in which the proper plans are made regarding the investment, goods, capital and benefit of the customer.

    The centrally planned economy provide benefits as the choice for the consumer get increase. This will provide more economic freedom to the citizens. The individuals have the right to make choice regarding their business.
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