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The Operational Definitions Should Be Clear Enough That a Person

question 21

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The operational definitions should be clear enough that a person reading the plan


Definitions:

Command Economy

An economic system where the government or a central authority makes all decisions regarding the production and distribution of goods and services.

Dictator

A ruler with total power over a country, typically one who has obtained control by force and governs without the consent of those ruled.

Economic Decision

A choice made by individuals, businesses, or governments affecting resource allocation or consumption.

Central Planners

Individuals or authorities responsible for making decisions about the economy of a country, especially in a centrally planned economy where the government controls the factors of production.

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