Definition of Command Economy :: essays research papers

THE COMMAND ECONOMY A necessitate economy is one in which a central authority has direct of the resources of the economy and makes most of the economic decisions. TODAY DICTATORSHIPS OR CUBA OR china strugglee IN THE PAST NEW FRANCE & THE WARTIME ECONOMY OF THE 1940S NEW FRANCE New France was ascertained by accident while explorers were searching for shorter trade routes to India and China, where they hoped to find lively sources of gold and spices. By accidentally chance uponing central and South America they did discover gold and silver produced by the Aztec civilization. In Canada the first resources to be utilise 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 place where the FINISHED fabricate GOODS could be sold. The queen regnant had ABSOLUTE POWER until 1663, then he official officials. The main one was the INTENDANT, who ran the economy of the colony the way the King wanted it. The industry was AGRICULTURE & FUR TRADING. Furs, fish and other raw materials were send back to France. In New France, LAND = WEALTH. Land was given to the passe-partouts (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 utilise for making sails). THE BRITISH COLONIES OF THE TIME WERE RUN IN MUCH THE identical MANNER. WHAT WAS THIS TYPE OF ECONOMIC ACTIVITY CALLED? CANADAS WARTIME ECONOMY OF THE 1940s. The entire economy of Canada was snarly in the WAR EFFORT. North America became a very primal 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 rationed such as food and fuel. THE organisation HAD ABSOLUTE POWER There was an increased demand for resources to supply the war effo rt 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 sunk 3. dams and vegetable oil tanks were bombed 4. bridges were destroyed 5. land and crops were burnt or otherwise destroyed