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10 March, 06:19

What kind of economy offers uniformity in wages regardless of individual productivity?

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  1. 10 March, 08:19
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    Command and socialist economies offer uniformity in wages regardless of individual productivity. In these economies, they are set up to pay each worker the same regardless of the amount of work they put in at work. In a command or socialist economy, the state owns and controls all factors of goods, services and production.
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