Weegy: What did Soviet planners think they had to do to ensure economic growth User: Describe the complexities of a centrally planned economy. Weegy: Critics of planned economies argue that planners cannot detect consumer preferences, shortages, and surpluses with sufficient accuracy and therefore cannot efficiently co-ordinate production (in a market economy, [ a free price system is intended to serve this purpose). This difficulty was notably written about by economists Ludwig von Mises and Friedrich Hayek, both of whom called it the "economic calculation problem". These opponents of central planning argue that the only way to determine what society actually wants is by allowing private enterprise to use their resources in competing to meet the needs of consumers, rather those taking resources away and allowing government to direct investment without responding to market signals. According to Tibor R. Machan, "Without a market in which allocations can be made in obedience to the law of supply and demand, it is difficult or impossible to funnel resources with respect to actual human preferences and goals." ] (More)

Weegy: In 1928 the Soviet Union underwent a forced transformation from an agricultural to an industrial economy under: THE FIVE-YEAR PLAN. (More)

Weegy: All are characteristics except A. high consumer satisfaction (More)

Weegy: Joseph Stalin demonstrated the main advantage of a command system by a. increasing industrial output. (More)

Weegy: the dark areas on the giant’s clothes represent the d. torn spots representing the results of too-rapid economic growth User: All of the following are issues related to the transition from Communism to Capitalism, EXCEPT a. a system of privatization must be developed. b. communist ruling classes must have their political power solidified. c. the threat of economic instability must be confronted. d. workers must learn to live with a new set of incentives. Weegy: issues related to the transition from Communism to Capitalism, EXCEPT b. communist ruling classes must have their political power solidified. User: In Poland, Hungary, and the Czech Republic, the transition to privatization was facilitated a. by the military. c. with aid from the United States. b. by holding free elections. d. by using vouchers. Weegy: In Poland, Hungary, and the Czech Republic, the transition to privatization was facilitated Hungary is actually its own nation, [ to the south and east of the Czech Republic. ] (More)