Definition of Command Economy :: essays research papers

THE COMMAND ECONOMY A command economy is one in which a central authority has control of the resources of the economy and makes or so of the economic decisions. TODAY DICTATORSHIPS OR CUBA OR CHINA IN THE PAST NEW FRANCE & THE fightTIME ECONOMY OF THE 1940S NEW FRANCE New France was discovered by accident musical composition explorers were searching for shorter trade routes to India and China, where they hoped to find rich sources of gold and spices. By accidentally discovering central and South America they did discover gold and silver produced by the Aztec civilization. In Canada the first resources to be exploited were - FISH & FURS. New France, as a colony, was to serve 2 purposes. 1. a source of NATURAL RESOURCES for the people of France. 2. A stance where the FINISHED MANUFACTURED GOODS could be sold. The female monarch had ABSOLUTE POWER until 1663, then he appointed officials. The main one was the INTENDANT, who ran the economy of the colony the way the pansy wanted i t. The industry was AGRICULTURE & FUR TRADING. Furs, fish and other raw materials were sent back to France. In New France, LAND = WEALTH. Land was given to the Lords (Seigneurs) of the King in return for Taxes and a promise to settle the land. The Lords got farmers (habitants) who paid the Lord taxes and if the farmer didnt pay the taxes the Lord would take his land. GOODS PRODUCED = WHEAT, TOBACCO, OATS, HEMP (a plant used for fashioning sails). THE BRITISH COLONIES OF THE TIME WERE RUN IN MUCH THE SAME MANNER. WHAT WAS THIS TYPE OF ECONOMIC ACTIVITY CALLED? CANADAS WARTIME ECONOMY OF THE 1940s. The entire economy of Canada was involved in the WAR EFFORT. North America became a very important resource area for the Allies. 1941 - The WARTIME PRICES AND TRADE BOARD set maximum prices that goods could be sold for in Canada. 1942 - Goods were circumscribe such as food and fuel. THE GOVERNMENT HAD ABSOLUTE POWER There was an increased demand for resources to supply the contend effort such as materials for PLANES, SHIPS, TANKS, BOMBS. The war was destroying economic resources in Europe. 1. soldiers, as well as others were killed 2. factories, roads and rail lines were being destroyed 3. dams and oil tanks were bombed 4. bridges were destroyed 5. land and crops were burnt or otherwise destroyed