The Soviet Union's command economy allowed the state to control production and distribution decisions, impacting its economic efficiency.
In a command economy, the government decides what goods and services will be produced and what prices it will charge for them. The government provides many necessities like healthcare and education for free.
The Soviet Union operated under a command economy, where the state made economic decisions, including planning industrial production and distribution of goods.
The efficiency of free-enterprise capitalism was underestimated by the Soviets, leading to challenges in their socialist system.
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