Economics Command Economy Questions
In a command economy, the government has control over the allocation of resources and production decisions. Therefore, the government would typically handle technological transfer by directly controlling and coordinating the transfer of technology between industries or enterprises. This can be done through various means such as establishing research and development institutes, providing funding for technology acquisition, or mandating technology transfer agreements between firms. The government's goal in a command economy would be to ensure that technological advancements are effectively disseminated and utilized across the economy to promote economic growth and development.