also called free market economies, are self-regulated, allowing goods to be produced and distributed in response to demand from consumers. Command-based economies are regulated by a government ...

Using Russia as a case study, help students examine the real-world struggles of converting from a command economy to a market economy. Begin by defining the terms "command economy" and "market ...

ALTHOUGH the transition from a command to a market economy began in the late 1980s in some Eastern European economies, political developments following the fall of the Berlin Wall in late 1989 and the ...