The steering system in the central administration economy essentially takes over the functions, which the price mechanism transfers in the free free-market economy. It proceeds central from a plan authority, which co-ordinates the restaurant subjects, production steers and the incentive and sanction systems regulates.

Literature

Schiller: Political economy: an decision-oriented introduction. Winkler publishing house. ISBN: 3-8045-3344-2

Articles in category "Steering system"

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