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What Is the Type of Economic System That Relies on One

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What is the type of economic system that relies on one central authority to make economic decisions?


Definitions:

Allowable Tolerance

The range of variation permitted in a part's dimension, which ensures it will still function correctly without compromising safety or performance.

Technical Drawing

A precise and detailed form of drawing used to fully and clearly define requirements for engineered items.

Permissible Variation

The degree to which a value or dimension may vary without affecting the operation or purpose of a component or system.

Technical Drawing

A precise and detailed drawing, usually created by draftsmen or engineers, used to fully and clearly define requirements for engineered items.

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